7: Lyft co-founder says the company could be profitable by 2018
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Lyft’s co-founder and president, John Zimmer, won’t mention his company’s main competitor by name. Spoiler alert: It’s Uber. But he is willing to say, “We’ve talked about being profitable next year, we feel very confident in that. We even think there’s the likely scenario that we will be the first U.S. ride-share player to be profitable, and part of that is because of our focus on the United States.”
We’ve got much more with Zimmer, who along with CEO Logan Green runs the five-year-old ride-sharing company that used to describe itself as “your friend with a car.”
Also, President Donald Trump’s new revised executive order on immigration — what does it mean for doctors, people at airports, and of course, the U.S. economy?
And don’t forget to check out our digital interactive chronicling the “speed bumps” faced by Lyft’s main competitor. Spoiler alert: Still Uber.