I favor Uber over Lyft. That said if G decides to take Waymo public and when they get self-driving bugs worked out ... they will be golden. Whoever gets self-driving right first, should be profitable. Both Uber and Lyft (at this time) are losing lots of money. I'm just echoing comments heard on Fox Business today.
Palantir Technologies will be where the IPO money's at. You can mark this post. https://www.bloomberg.com/features/2018-palantir-peter-thiel/ https://www.businessinsider.com/palantir-looking-41-billion-ipo-2019-2018-10?op=1
I like a honest man: Uber in their filing states "it may never make a profit." Hm, yummmie! But honestly, between Uber and Lyft, one of them is going to be a winner in the short run. Business-wise, Lyft sounds better specially that now it is cheap(er). Neither of them have a moat, and others can enter the market fairly quickly. I dunno, I should flip a coin probably...
May never make a profit....how have we gotten to a time when a company with $8 billion in accumulated losses says it will never make a profit but has a line of mentally challenged elephants lining up to buy its IPO...
The glamorous life of an Uber driver: https://www.nytimes.com/2019/04/12/technology/uber-driver-ipo.html
You obviously didn't buy during the dot com bubble years? Back in those good old days, you could buy stocks in a company with billion $ valuation but no revenue and double your money in a week.
That was then....you would think now thigns would be different. Uber is great business for people to use, not a good one to invest in. $8 billion in the hole? Will take years me thinks all the while Lyft and other forms will keep competing. it is the modern CROX.
uberpeopledotnet will give you some insight into the people who have made the initial investment into both companies...the owner/operators. You won't read many happy stories... Autonomous transportation is quite a way off in most metropolises so heed that when doing due diligence.