Don't Read This If You're Bullish About Lyft

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Don't Read This If You're Bullish About Lyft(Bloomberg Opinion) -- The coming initial public offerings from Lyft Inc. and Uber give the public its first deep look inside the economics of car rides on demand. There were two obscure data points about Lyft that I found discouraging about the financial viability of that company, and potentially the entire industry.


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