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Lyft spends $80M per year with AWSthey say they spent $100 million on technology costs? on their shitty website?
They're clearly trying to take market share, but how patient do you want to be with a company that resells clothes?I don't think there's anything alarming about the P&L
That's why it's not alarming to me from the expenditure side. Ramping up spending before an IPOThey're clearly trying to take market share, but how patient do you want to be with a company that resells clothes?
We buy employee cakes on birthdays, let employees bring kids to the store when babysitters ditch, buy them dinners to celebrate successes, and give them free educations in how to sell themselves on the side. Id say I have Julie Wainwright beat.I would buy the LuxeSwap IPO. Bet it's a better run company.