Analyst from Bernstein's questions to Lyft Inc (LYFT) leadership • Q1 2025
Question
An analyst from Bernstein asked if the U.S. taxi initiative could accelerate growth and how quickly it could be rolled out. They also questioned whether competitor AV deals help or hinder Lyft's ability to onboard partners.
Answer
CEO David Risher described the U.S. taxi initiative as an important part of diversifying supply but did not comment on its potential to accelerate growth. Regarding AVs, he asserted that it is not a first-mover-takes-all market, as AV providers are incentivized to have multiple platform partners. He argued the key differentiator will be which platform can best monetize the assets, pointing to Lyft's fleet management capabilities as an advantage.