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[00:00:00]

This is Scott Becker with the Becker Private Equity Podcast. Today's discussion is Uber versus Lyft, and how did Uber end up running laps around Lyft? For a period of time, it looked like Lyft was going to catch Uber. Now we're seeing over a few year period is that Uber has ran circles around Lyft both in profits and in market capitalization. The market cap of Uber is up to $116 billion. The market cap of lift is, I think, less than $5 billion currently. Year to date, Uber stock is up 129 % or so. Lift stock is up six and a half %. To me, it's really absolutely amazing what has happened with these two companies. Now, many of us, it's striking to see these differences. I think many of us use Lyft as often as we use Uber, depending on where we're at, who's got better concentration. But it is amazing to me to see what's happened here in terms of this difference in Uber versus lift and whether this will continue. We'll keep on watching this because I think this is fascinating to see these two companies that were so closely attached now have gone to such different directions as the tourism of success.

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Thank you for listening to the Becker Private Equity Podcast. Thank you very much.