This week in Business Twitter: Steak-umm’s social commentary, the VC firm you’ve never heard of, and why taxis might be cheaper than Ubers Greenoaks Capital is publicity-shy, but the investment firm has had a successful year. Meanwhile, high rideshare prices could make taxis cheaper than Uber or Lyft rides. Ivan De Luce 7.30.21 3:22 PM People
Revel is launching a Tesla rideshare program — and its drivers won’t be gig workers Electric moped service Revel is branching out into ride-hailing in New York, and will hire drivers as employees, not gig workers. Ivan De Luce 4.28.21 8:00 PM Tech
Lyft makes cuts in anticipation of more losses in shutdown slowdown Alternative data points show Lyft has arrived at a stop sign, and investors probably shouldn't expect any yields any time soon. Jon Marino 5.6.20 1:05 PM Innovation
The curious story of how CUSIP numbers became a Wall Street battleground CUSIP numbers are like a Dewey Decimal System for stocks and bonds. They’re also a source of illegal monopoly power, according to investor lawsuits. Doug Bailey 3.25.22 4:51 PM Markets
Uber investors are optimistic - here is the difference between it and Lyft Uber is being backed up by analysts who like the company's progression into new businesses like freighting and food delivery. Lyft data tells a different story heading into earnings. Jon Marino 2.11.20 4:28 PM Markets
Uber is scaling into new industries - this is what the data says before its earnings Uber has had to slim down, but now it's adding more engineers, and analysts are bullish on its ability to elbow its way into new businesses. Jon Marino 2.6.20 7:49 PM Markets
Lyft insists it has growth plans for 2020 - our alternative data disagrees Lyft layoffs make it the latest startup to reverse course on growth ambitions in light of a challenging stock market performance. Jon Marino 1.30.20 4:13 PM Innovation
No one knows who’s on the hook if a DAO gets sued Believers say DAOs are the future of work, but it’s not clear who gets held accountable if something goes wrong. Doug Bailey 3.16.22 4:37 PM Crypto