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
How Guy Griffithe went from making a thumb wrestling mockumentary to promoting a pot investment scam The president of Bridgegate Pictures Corp., who has made at least nine flicks and worked with VR film specialist Travis Cloyd, now owes $5.3 million for his role in a "Ponzi-like" scheme. Christie Smythe 11.29.21 6:14 PM Outcasts
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
Accused stock scalper “Alex DeLarge” was arrested and kicked off of Twitter — now users are asking: who’s next? Twitter plays host to numerous anonymous accounts pumping stocks. Users are openly wondering which others might be “leading sheep to the slaughter.” Christie Smythe 10.28.21 6:59 PM Outcasts