+- Hack Forums (https://hackforums.net)
+-- Forum: Money (https://hackforums.net/forumdisplay.php?fid=241)
+--- Forum: Markets, Finance, and Investing (https://hackforums.net/forumdisplay.php?fid=281)
+--- Thread: Been thinking about buying Lyft stocks. (/showthread.php?tid=5972010)
Pages: Pages
1
2
RE: Been thinking about buying Lyft stocks. - NZT - Jun 18, 2019
Would avoid both. Both IPO'd in a frothy late-stage market and have terrible balance sheets. On top of all this, both business models are easily replaceable (Uber/Lyft employees are freelance and at any moment can leave, destroying any network value).