Ben Horowitz Compares Lyft's IPO to Rocky Balboa Winning the Championship

The transcript discusses the competitive dynamics between Uber and Lyft, highlighting Lyft's milestone of going public first. It delves into the aggressive competition tactics allegedly used by Uber, including threats to investors. The conversation also touches on Lyft's vision for the future of transportation and the challenges Uber faces with new management. The discussion includes accusations of Uber copying Lyft's business model and the impact of management changes on Uber's talent and market position.

What was the initial market share of Lyft when the speaker joined the board?

• 10%

• 16%

• 22%

• 39%

What kind of tactics did Uber allegedly use against Lyft?

• Legal advertising campaigns

• Partnerships with other companies

• Price reductions

• Illegal threats to investors

How did Lyft differentiate itself in the market according to the speaker?

• By creating a unique vision for transportation

• By focusing on luxury services

• By offering lower prices

• By expanding internationally

What was one of the challenges faced by Uber's new management?

• Expanding into new markets

• Maintaining the company's original culture

• Reducing operational costs

• Increasing driver incentives

What was the impact of the 'delete Uber' movement on Lyft's market share?

• It increased Lyft's market share from 22% to 39%

• It increased Lyft's market share from 16% to 22%

• It had no impact on Lyft's market share

• It decreased Lyft's market share