The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 60 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 1 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Fishman: Lyft relied on a give-and-get referral loop to scale riders
“We had a very strong what I would call like clinically a financially incentivized viral loop. So this is your classic, like give, get referral structure. I invite you to lift and you sign up and you get ride credit. And then once you take a ride, I get ride cr…”
Fishman: Wyzant's Lyft-style give-get referral loop was a historic flop
“We tried to implement a referral loop like Lyft, where, hey, as a parent, I would invite another person. I would get credit towards tutoring. They would get credit towards tutoring. And we built a really nice system for doing this. And no one used it. And so i…”
Lyft launched 24 markets simultaneously in 2014 as Miura-Ko left board
“It wasn't until I think it was 2014. This is when I rolled off the board the first time they went live with 24 markets, just as I was rolling off the board.”
Lyft tracked driver ETA as key signal of market liquidity
“Ultimately, we were always looking at ETA, right? So when was driver going to be able to reach a rider? And you would see that the market really worked for the rider if you had a driver that was just a few minutes away. In that metric, you see sort of the dyna…”
Zimride Generated Millions in Revenue Before Pivoting Entirely to Lyft
“You have, like, a few million dollars of revenues coming here, and, like, that's what investors invested into, that was really powerful, because you don't have a ton of data points.”
Floodgate Invested in Zimride Two Years Before Its Lyft Pivot
“We made our investment in 2010, and the actual change didn't happen until 2012.”
Ravasio: Hipcamp's Bay Area usage is driven by a two-to-three-hour regional radius
“One is that we have a really strong regional network effect. So this is kind of like an Uber or a Lyft, where, for example, here in the Bay Area, we have a lot of people who love and use the platform, and they tend to camp And stay with us really in called a t…”
Gil: Admits missing out on an early investment in Lyft
“I've clearly passed on that I should have invested in, like Lyft, right? So I missed Lyft”
Marini: Uber and Lyft valuations perfectly illustrate the 90/10 market value rule
“If you were an angel in Lyft, you're still very happy if they're worth, you know, roughly five billion. But you really want to be an Uber who's worth over sixty billion. Right. And that math actually, you know, kind of works out to that kind of 85, 10, and fiv…”
Biyani: Lyft launched 60 cities in a single day during scale-up
“Lyft went from launched San Francisco to L.A. Was like about six months, roughly. And then from L.A. To the next market was only three months. And then, if you remember, about a year later, they actually launched 60 cities in one day. It was in the double digi…”
Early Zimride Board Meetings Took Place Secretly in Stanford Law Dorms
“None of us had a boardroom. So I didn't have a boardroom. John and Logan were working in this one room office. I think Manu Kumar at Canine Ventures also, like, we're all just being scrappy at the moment. So we need a place where we can meet as a board to go o…”