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Podcast: Energy Gang
Episode: What Does Lyft's IPO Signal for the Future of Mobility?
Description: Lyft is set for an IPO on Friday; Uber is driving up to the IPO window soon. Investors seem enthusiastic, but skeptics see a lot of risks and a bumpy path to profitability.In 2018, transportation network companies — pretty much Lyft and Uber — gave 2.6 billion rides. Lyft gave a billion of those rides, doubling its revenue over 2017 to $2.2 billion.We know the consumer appetite is there. But as Lyft hits the public markets, many wonder if that volume can be turned into profits. Autonomous cars, competition from other shared mobility companies, and regulations are all a pote...