Lyft and Uber Are Easy to Understand and Hard to Value (Bloomberg)

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In one sense, Lyft and Uber are like eBay, Priceline, GrubHub, Craigslist and other “marketplace” businesses that match willing buyers with willing sellers. A marketplace is one of the established business models for technology companies, and investors are relatively comfortable assessing how much to pay for their shares.

More: www.bloomberg.com/opinion/articles/2019-02-26/lyft-and-uber-are-easy-to-understand-and-hard-to-value

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