Lyft Raises $530M in Fight with Uber
This is great.  More competition is great for me, the consumer.  Recently Lyft and Uber have bother offered flat rate rides for $5-7 anywhere in SF.  When people ask me how it can be so cheap, I always joke it's because it's a $15 ride but you're splitting it with a venture capitalist.<p>I wonder if either company has any serious long-term plan to make sure they are not competing in a commoditized space.  Currently the services are basically indistinguishable.  Sure most people have a preference one way or the other, but it's not a preference they'd stick to if the other service was a few bucks cheaper.  They seem to be in lock step, doing the same things and alternating who makes the first move.<p>If they're not careful they will become like the airline industry.  40 years ago airlines were a glamorous new way to travel.  Now they are reduced to who can offer the cheapest point-to-point ticket with 17" of leg room, customer service is an unexpected bonus.