An article on cnbc.com quoted a financial advisor discussing Lyft as an investment: Weve seen throughout history
Question:
An article on cnbc.com quoted a financial advisor discussing Lyft as an investment: “We’ve seen throughout history that great services, great products don’t necessarily make great businesses.”
a. In what sense might Lyft be considered a great service or a great product?
b. What did the financial advisor mean by a “great business”? What barriers did Lyft face to becoming a great business?
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a Lyft can be considered a great service or product in the sense that it provides convenient ondemand transportation to users through a userfriendly m...View the full answer
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