Singh: Uber's decentralized ownership drove global expansion over Lyft's comfortable culture
Savneet Singh · Savneet Singh – The Operator/Investor whose Software is Feeding the World (Capital Allocators, EP.220) · Nov 1, 2021 · at 20:45
Savneet Singh, CEO of PAR Technology, compares the divergent strategic outcomes of ride-hailing rivals Uber and Lyft.
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“Why is that? I'd argue that it was the cultural difference because they had all the same resources, they had the same people, and you had one culture that was so intense that was driven It treated every manager as a CEO of a business unit. You go run that, that's your baby. And one that, you know, you go to the offices of the other company, you feel like you're at Google.”
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