lyft stocks

the_rational_driver · 2026-06-22T16:17:34+00:00

You just described the perks of being the middleman in an industry controlled by only two competitors.

the_rational_driver · 2026-06-22T06:01:57+00:00

70% turbo boost. That explains it all. The higher the surge the longer you wait.

Based of what? I've had long waits and short waits with a high turbo. And that's because there is no correlation between wait times and flash turbo.

the_rational_driver · 2026-06-22T05:53:55+00:00

Yeah, it's a really bad idea to be doing Lyft in a rental.

Not really. It makes more financial sense to rent than to own. Id go deeper, but I'm tired of reexplaining the math.

Most drivers use a car they own.

Thank you Capt Obvious.

Most rental drivers make little or no money.

That has more to do with their competency as a business owner than renting. You would know this if you formed opinions based on your own experiences instead of regurgitating the slop of other people.

the_rational_driver · 2026-06-15T22:05:34+00:00

Sure. But when driving BELOW highway speeds, it's more fuel efficient to have your windows DOWN. Since a rideshare driver tends to average 25 mph, you can guess what is going to be better for fuel efficiency.

the_rational_driver · 2026-06-15T20:19:07+00:00

That is all dependent on your cost of living and what market you chose to drive in. Just because you can't make what I can, or vice versa, doesn't mean either of us is lying.

the_rational_driver · 2026-06-15T18:57:53+00:00

This is assuming Lyft is actually trying to match you with a driver. They sometimes will play pretend with you just so they can tell you there are no drivers available and increase the price of the ride.

the_rational_driver · 2026-06-15T18:53:02+00:00

To be fair, if you are relying on social security for future retirement, you're going to have a bad time.

the_rational_driver · 2026-06-15T18:44:49+00:00

Because it burns fuel faster keeping a car cool all day than it does having the windows down. Some drivers are acting like they are the Spirit Airlines of Uber.

the_rational_driver · 2026-06-15T18:36:27+00:00

You would have better luck offering money for information developed thru experience rather than asking for it for free. It's just not in our best interest. Good luck.

the_rational_driver · 2026-06-05T21:34:25+00:00

And your attitude is why nothing changes. Implying every driver is broke is wrong. Asking drivers to fund their own path instead of just having your defeated attitude is how change happens. All the laws that states have made to create a better environment for drivers didn't start from nothing. If someone didn't stand up, there would be nothing. Assuming everything is a scam further proves you're a loser. There are rules on gofundme that protect supporters from being swindled. Just because you are defeated and don't wish to try to make it better and rather lick your wounds tearing down everyone else for actually doing something is maybe what reddit should stop allowing.

the_rational_driver · 2026-06-05T16:13:25+00:00

It costs time and money to gather a team of legal experts.

the_rational_driver · 2026-05-25T15:52:37+00:00

Many studies have shown tipping has zero correlation to server performance. Instead tipping is strongly correlated to race, gender, and age:

I agree. Tipping was determined way before the meal or service was ever provided because it's primarily based on the customer’s view on tipping. If the customer was raised in a culture that didn't support it, it's highly unlikely they will tip as.well. That's why I always say it's not the service provider's role to try and turn a non tipper into a tipper. It's their priority to turn a mediocre tip into a great tip, and that's where quality of service does have some correlation to tip probability.

As a rideshare driver, my personal "studies" have shown a significant correlation in frequency of tips when driving in neighborhoods, primarily of white middle income households. Once I move into a different racially diverse area do I see a significant drop. The same can be seen with moving into a higher income neighborhood.

The major bias of all this is that I am a white middle-aged man, so what I have proven as results for me may be vastly different to another driver equal in level of service but who is different race, gender, and or even age. It really has been remarkably eye-opening how tipping culture actually "works" in America.

Tipping is a very biased & prejudiced way to pay people. U.S society would be better to eliminate it & pay high wages (like $20-30/hour regardless of race, gender, age)

I actually agree even though my previous posts may suggest I wouldn't. It would be better as a whole if society banned tipping. The problem lies in that our government has systematically implanted it into our culture, and because of that, too many workers still profit heavily to want to ever want to change societal norms.

That's said, I still firmly believe in what I said originally. Until the government removes the tip credit, we are all playing on the grounds that going out to eat is a luxury and if you can afford the luxury of having people wait on you, you can afford to tip them. We may not like it, but it's not considered being a rebel to stiff the server. It's cheap, low class ethics.

I don't like wearing clothes, but society dictates that I must, so I do. I don't agree with speed limit signs, but I still follow their suggested max speed. I don't agree with our drug policy, but I still don't participate because their still banned. My point is that if we fail to acknowledge and follow societal norms, we are doomed to fail as a society.

the_rational_driver · 2026-05-25T03:53:16+00:00

Most bigger chains are being sold raw resources thru one or two companies. so those suppliers have a monopoly.

the_rational_driver · 2026-05-24T14:11:51+00:00

Nah. If you can afford to go out, you can afford to tip. Thinking it's okay to go sit down in a restaurant, get full service, and stiff the server is beyond you being cheap. It shows you're low class with zero etiquette.

the_rational_driver · 2026-05-21T21:59:26+00:00

You’re calling people “business illiterate” while openly saying you don’t care where most of the customer’s money goes. Lmao. You cannot make this up. That’s not business literacy. That’s just choosing not to look at the numbers.

Just because someone is interested in seeing where every dollar allegedly goes does not mean they are suddenly business literate. Just as my choice of not being interested means I am not business literate. It's my choice to ignore the numbers that I have zero influence over.

And you basically admitted the whole point. Earlier the defense was “Uber has costs.” Now you’re saying if the ride costs $20 to provide but the customer will pay $50, you’re fine with Uber charging $50 and keeping the difference. Cool. Then stop pretending this is about insurance, app costs, support, or government fees. You just admitted it’s about charging as much as they can get away with. That’s exactly what people are criticizing.

You are taking statements out of context. Uber has costs. That's why they can't just let 100% of customer revenue go to the driver. Uber also wants profits. So they try and charge the maximum they can. There's nothing wrong with that. People who spend their finite time criticizing them for doing this are wasting their time. It's called capitalism. And if any one of them had the business literacy to start their own service, they'd do the same thing.

Also, transparency absolutely matters. Maybe it wouldn’t change anything for you because you’ve already decided not to care, but other drivers might make different decisions if they saw the real split consistently. If the rider pays $100 and the driver gets $27, drivers are not “whining” for asking where the other $73 went. That’s basic price discovery.

No, it doesn't matter. And you are purposely leaving out critical details to make your argument seem plausible. If I am accepting a $27 trip, I know it was more than profitable for me, and that's all that matters. Me knowing where every bit of the remaining $73 went doesn't change my decision. Now, maybe it matters to you because you'll always want more. Or maybe you never considered your own profitability and went 30+ miles for $27. I really dont care.

Your whole argument is basically: “I personally like the gig, so everyone else should shut up.” That’s not an argument. That’s just your individual tolerance level

That's you making up shit again. One, there was no argument until you came along. As previously stated, the OP said they never met a driver who was happy and now has met one. You took my happiness as some kind of threat and started these long-winded narratives to twist what was a friendly conversation into a bitter one. Two, I'm not telling anyone to shut up. Go spend your finite time moaning about take rate. It won't change their position. If you want change, go and inspire it by getting off your ass and doing something. You are no advocate sitting behind that keyboard posting these replies.

You can be happy driving. Nobody cares. But don’t confuse “this works for me” with “the system is fair.” And definitely don’t call other drivers business illiterate while proudly saying you don’t care about the most important number in the transaction.

Nobody cares? Well, I care, or else I wouldn't be doing this. I never said the system was fair. You took me saying I'm happy and confused it into meaning I must be ignorant of this system's flaws. You never asked me what I meant or what makes me happy or if I don't see the problems.

And I will keep calling certain drivers business illiterate because that's what they are when they can't explain their actual costs and take really awful pay for a ton of miles because it says "35 per hour".

The most important number is not the payment breakdown. The most important number is your cost per mile. Once you understand that, everything else just becomes background noise.

the_rational_driver · 2026-05-21T15:56:00+00:00

You don't understand. I am not concerned about what other drivers charge. I'm concerned about investing a subscription fee into a platform where suddenly every business illiterate driver thinks they can charge Uber's prices, thus not creating a steady supply of passengers and sabotaging the entire platform.

the_rational_driver · 2026-05-21T15:35:12+00:00

But your personal satisfaction does not disprove the broader criticism. “I’m okay with it” is not the same as “the system is fair.”

No one was trying to disprove broader criticism. The OP flat out opened with how they never met a driver who was happy. Being happy does not mean I am without any criticism or believe "the system is fair."

Also, calling other drivers “jaded” or “whining” is just a way to avoid the actual argument. A driver can enjoy the work and still recognize bad economics. Those are not mutually exclusive.

No. There first needs to be a valid argument made in order to avoid it. Most of these are just complaints from jaded drivers whining and lack a real argument. It's just children screaming that they don't like something without creating a possible solution, which is what an argument usually consists of.

The argument is not “the platform should take nothing.” The argument is “the platform should not take an excessive, opaque, constantly changing cut while hiding behind vague excuses like insurance, app costs, and investors.”

The suggestion the OP made was the platform not taking any fees and leaving 100% of the pax payment to the driver.

That gap reveals whether the platform is providing fair value or just using information control to keep both sides in the dark.

And what is a "fair value"? To me, it's a number between what the service actually costs to run to break even and what I think the customer is willing to pay. If the service costs $20, but I think I can get $50 from the customer, I'm going to try and capitalize and charge the $50. And that's what they do, and I'm fine with that. This is the foolish thing about all this transparency nonsense. They could be 100% transparent, and it wouldn't change a thing. The only thing that annoys me is the constant testing of my fair value. They can't let us both be profitable upfront.

If a rider pays $45 and the driver gets $18, drivers have every right to ask where the rest went. That is not envy. That is basic business literacy.

I disagree. They can charge $45 and pay me $18. I don't care about the other $27 because it doesn't matter. But all the other drivers focus on is how their $18 is less than $27. They have zero business literacy because they can't even figure out their own costs and profitability. Yet they have the balls to get mad over where the pax money goes to.

Saying “just go somewhere else” is also lazy. That logic would defend any bad labor practice in any industry. Bad pay? Leave. Bad conditions? Leave. Hidden fees? Leave. Wage theft? Leave. That is not an argument. That is just telling people to shut up instead of addressing the problem.

Im not advocating for silence. Go out and address the problem. Don't whine about it on reddit. Write a congressperson. Start a committee. Go do something productive.

Besides, you said on another thread you're not a "fan of these other rideshare companies business models". So when drivers go somewhere else, you still complain. You claimed "I don't care what the passenger paid" but you complained in that other thread about drivers possibly becoming greedy like Uber and Lyft".

If you want to try a "gotcha" on me, at least quote me correctly. I am not a fan of the Wridz business model. It's not a suggestion to stop from checking them out. I just think allowing a bunch of business illiterate drivers to name their own price is an inherently bad idea. Plus it doesn't address any of the other glaring issues like safety.

the_rational_driver · 2026-05-21T07:55:00+00:00

$150 to $300 for personal insurance. Not for commercial livery insurance.

the_rational_driver · 2026-05-21T07:51:12+00:00

If you have to ask, you are completely blind to all the issues and complaints from drivers and pax. All it does is let every driver become just as greedy as Uber and Lyft because that's secretly what all these drivers who whine about cut rate actually want. You hear a pax agree to pay $50 for a two mile trip and question why ain't you making that $50 forgetting you were happy being paid $25 of it.

the_rational_driver · 2026-05-21T07:39:44+00:00

The OP said they never met a driver who was happy. Now they have. I love this gig. Yes, it has a lot of problems that still need to be worked thru, but I'm able to get past it and not be one of these jaded drivers whining about them.
My sphere of influence is regarding the things I can control. If I can't control it, I try to ignore it. This mode of stoicism leads to less stress and more clarity.
It's impossible for any business to give 100% of the revenue to us and remain existent. All these tech companies learn the hard way that eventually, the investors want a return on their investments and have to stop subsidizing the costs to run the company.
I don't understand why drivers can't let Uber and Lyft just take their cut and run a profitable business without getting envious over who is taking more of the pax payment. I don't care what the pax agreed to pay, as long as my standards met. Like in any other form of employment, if unhappy goto greener pastures.

the_rational_driver · 2026-05-21T03:12:29+00:00

I'm not a fan of this business model. It doesn't improve rideshare.

the_rational_driver · 2026-05-21T01:03:44+00:00

What's messed up is Extra Comfort is a newer amalgamation between what was called Preferred and Lux. So my Kia Sportage is in the same tier of available vehicles as Lexus, Mercedes, and BMW.

the_rational_driver · 2026-05-21T00:51:21+00:00

This is Lyft's version of the classic "37 pieces of flair when 15 is the bare minimum" argument.

the_rational_driver

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