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Lyft
Ride-sharing and transportation platform
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"I think Uber and Lyft are the most extreme examples of pure substitutes and a lot of the price has been competed away."
From:
a16z, Anish Acharya: Is SaaS Dead? Do Margins Still Matter? Why We Are Not in an AI Bubble?
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▶ 12:43
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Feb 2026
Attribution: Used as negative example of market where competition drove prices down