The market is shifting from aggressive growth-focused companies (scale before profit) to ones who actually generate profit… right from the commencement of commercialization. The renewed focus on the bottom line, I think, was brought about by WeWork’s failed IPO. Or perhaps that was the straw …
Lyft Gets a Lift From Activist Investor Carl Icahn
The ride-sharing industry is changing the way Millenials get around. Led by Uber a few years ago, ride-sharing has taken the world by storm, albeit not without controversy and obstruction from taxi unions. Resistance aside, this is a massive industry, with what appears to be …