Lyft Files for IPO
From a purely investment point of view, why would anyone invest in Lyft over Uber? Lyft has a smaller footprint and only operates in the US (except Toronto). They are more susceptible to economic conditions in a single country, the US, and every point of marketshare they get is a zero-sum game against Uber and presumably expensive because Uber won't give it up for free.Uber has a global operations, is in multiple streams of business and has diversity across business lines and countries so even if there's a recession in one country, it might be made up for in other countries.So what's the investment story then for Lyft?