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Lyft shares surge 21.2 percent on Nasdaq debut after IPO [Reuters]

1 pointsby stevewilhelmabout 6 years ago

1 comment

prolepunkabout 6 years ago
Uber is not a business. It&#x27;s a dumping attack on the service sector.<p><a href="http:&#x2F;&#x2F;exple.tive.org&#x2F;blarg&#x2F;2017&#x2F;05&#x2F;01&#x2F;wooden-shoes-as-a-service&#x2F;" rel="nofollow">http:&#x2F;&#x2F;exple.tive.org&#x2F;blarg&#x2F;2017&#x2F;05&#x2F;01&#x2F;wooden-shoes-as-a-ser...</a><p>Putting aside about how good this investment from economic standpoint, I don&#x27;t feel like investing just to exploit people working in service industry.<p>I think the general belief was that lyft is a bit less sexually harras-y, a bit less misanthropic business, but since they have basically the same business model as Uber, does that distinction really matters?