Lyft's IPO establishes two points: first, that huge, medium-term losses and placing hopes of profitability in a vague "someday" is the new normal. The second is that large numbers of investors believe that autonomous driving technology will be adopted within a reasonable time frame.
Lyft's IPO establishes two points: first, that huge, medium-term losses and placing hopes of profitability in a vague "someday" is the new normal. The second is that large numbers of investors believe that autonomous driving technology will be adopted within a reasonable time frame.
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