HomeNews & PoliticsRelated VideosMore From: CNN Business

Lyft's co founder is giving his all to catch Uber

67 ratings | 5124 views
Lyft co-founder and president John Zimmer explains to CNN's Laurie Segall how he leads through tough times, what competing with Uber is like, and his vision for self-driving cars.
Category: News & Politics
Get embed code!
Text Comments (36)
Krysten Chambers (11 days ago)
I have a fantastic idea that I know would blow uber out of the water. I would love to be able to get in contact and give you my idea. I really want lyft to have this idea over Uber. This is something UBER does not have. Unless I were to bring it to them. But I really want to work with Lyft. I've had a much better experience with Lyft.
md lazaro (15 days ago)
i would rip his heart out of his chest if i had a chance , M/F.........
jms km (26 days ago)
There will be no fundamental change on car ownership since just going A to B is not the sole purpose of the car. It is a matter of the freedom of living in the land. That's the only hope from Lyft, Uber.. whatever.
Matt Markus (27 days ago)
10:47 "a white dude who probably has a lot of money". @Laurie Segall, did you not hear him discuss diversity in terms of _"backgrounds, perspectives, and thoughts"_ ? Then you proceed to reinforce the ongoing pollution of the word _diversity_ by implying that it means a difference in appearance or ethnicity instead of a diversity of ideas or perspectives (what one might call, "substantive diversity"). You seem to advocate a world where everyone thinks the same but looks different. That's pretty horrifying. I don't know, but I was always taught to see that an emphasis on appearance is shallow and unwise. Or worse, just straight up racist and dumb.
Matt Markus (17 days ago)
+JUST Cali I guess when you can just call someone "privileged" when it suits your ridiculous argument, you don't have to bother thinking. Good luck with that.
JUST Cali (17 days ago)
Matt Markus Sorry but white dudes doesn’t mean diversity. It’s a group of privilege. Sorry.
Mauro Ponce (1 month ago)
Wtf lyf cheep 2.40 cents for ride cheep John zimmer
Broke News! (1 month ago)
This guy should be thrown to jail...you don’t make nothing working for this company Why don’t people speak up ?
Cris F (1 month ago)
I'm a driver and I put in more hours than before for less earning then when I first started 4 years ago you're a liar you don't care about the drivers you're screwing us left and right every chance that you get you used to be depressed what about all the drivers that you are making them go through depression I worked 8 and half hours for $76 45 of it went to gas and $6 went to tolls
Matt Markus (27 days ago)
I imagine you've given this a lot of objective analysis, so what is your theory on why they decided to "screw you"? I'm always fascinated at hearing the thoughtful analysis of experts who are in the trenches.
Manny Ramirez (1 month ago)
that woman is annoying.
stuntard (1 month ago)
What a great interview. 👍
Nathan Chau (2 months ago)
sunny06515 (2 months ago)
Of course you started with 20 people after robbing and ripping of hardworking (drivers ) you created a empire ... what A CROOKS... started with 20 crooks now he has 5000 crooks working for his thug unethical immoral motherfucker ... karma will slap you on your face mark my word you fagg👌
Jay Hamilton (2 months ago)
John- let me start of by saying thank you for giving me the opportunity to work under your leadership. As a previous driver, I appreciate the support you provide your drivers and now as a faithful user, even more. This company reminds me of a Costco, Berkshire Hathaway or an Apple, companies that work from the bottom up, costumer first, employee second and investor next. I look forward to your IPO.
tommy audio (2 months ago)
how can anyone believe this guy?! his only real talent is shrouding all his evil, greedy bullshit in pseudo kindess and consideration for others. he's 100 a player! they come in all colors, shapes and sizes. but in the end, it's just darkness #FuckLyft
Harrison Farrell (2 months ago)
His nose is bigger than the jfk airport landing strip
Harrison Farrell (2 months ago)
You make me want to kill myself every day
Jeff Byrnes (3 months ago)
Everything Zimmer says is a lie. Seems to be what’s “trending” in tech circles: https://www.eastbayexpress.com/oakland/povertys-progressive-cheerleaders/Content?oid=14130484 https://www.newyorker.com/culture/annals-of-gastronomy/are-delivery-apps-killing-restaurants https://pix11.com/2018/10/06/uber-drivers-death-is-7th-nyc-taxi-industry-suicide-in-18/ https://www.theguardian.com/us-news/2017/jun/17/uber-drivers-homeless-assault-travis-kalanick
Jeff Byrnes (3 months ago)
Fuck the tech industry. And fuck CNN and this “reporter,” Laurie Segall. The US is nothing but a shit pile of lies which is why Trump is deservedly our “glorious” ringleader. Techies are exploiting and scamming everyone on an unprecedented scale.
vegasinnercircle 33 (3 months ago)
Lyft will fail if it does not stop following Uber's model while uber will succeed because it was first it's own model more drivers and passengers but will hit a max / ceiling
The Beacon Of Light Driver Stay lit drivers (3 months ago)
Lyft will need human drivers longer than Uber human drivers.
Kenji Yagi (3 months ago)
1:16 was there ever a time that being an entrepreneur wasn't cool?
Jeff Byrnes (3 months ago)
Kenji Yagi yeah, every time scumbags pervert the term to mask their grossly exploitative and illegal behavior: https://www.eastbayexpress.com/oakland/povertys-progressive-cheerleaders/Content?oid=14130484 https://www.newyorker.com/culture/annals-of-gastronomy/are-delivery-apps-killing-restaurants https://pix11.com/2018/10/06/uber-drivers-death-is-7th-nyc-taxi-industry-suicide-in-18/ https://www.theguardian.com/us-news/2017/jun/17/uber-drivers-homeless-assault-travis-kalanick
Crypto Docx (3 months ago)
*HIGH QUALITY UNDETECTABLE COUNTERFEIT BANKNOTES Real/Fake Passports, Driver’s License, ID Cards,Visas, USA Green Card,Citizenship FOR SALE* We are the best and Unique producer of HIGH QUALITY Undetectable counterfeit Banknotes. With over a billion of our products circulating around the world. We offer only original high-quality counterfeit currency NOTES. we have a Huge quantity ready in stock. EUROS, DOLLARS AND POUNDS All Inquiries; Contact email: cryptodocxusa@gmail.com Our Company Has Years of Experience in the Production of Fake/Real Passports, Visas, Id Cards(in pvc), Driving Licenses And Other Identity Documents.We Use The Same Equipment And High-Quality Materials That The Government Uses To Produce Counterfeit/Real Documents.All the Secret Features Of The Real Documents Are Carefully Reproduced By Our Unique Producers. USA passports, Id, green cards and driver's licenses Australian passports, Id and driver's licenses Belgian passports, Id and driver's license Italian passports, Id and driver's licenses Canadian passports, Id, resident permit cards and driver's licenses Finnish passports, Id and driver's licenses French passports, Id and driver's licenses Dutch passports, Id and driver's licenses UK passports, Id, resident permit cards and driver's licenses Spanish passports, Id and driver's licenses Mexican passports, Id and driver's licenses South African passports, Id and driver's licenses Diplomatic passports Passport Duplicates for sale All Inquiries; Contact email: cryptodocxusa@gmail.com
Lyle Stephens (3 months ago)
And then along comes Tryp.
Lyle Stephens (3 months ago)
+Jeff Byrnes Probably
Jeff Byrnes (3 months ago)
Lyle Stephens garbage.
BobbyG (3 months ago)
BOTH of these companies are being run by idiots who have chosen to make it impossible to earn a living wage without working 60-80 hour a week by getting into a price war with each other... Soon both of them intend to go public...as if Wall Street is going to be interested in a money losing proposition. Very sad to say the the future of ride sharing is dependent on a confederation of dunces who are so abjectly imbecilic that together they have turned the most successful startup in human history into a couple of money burning machines.... Especially when you consider the number of lives that have been saved due to the effect that rideshare has on the number of intoxicated drivers on the roads...a number that now must be in the tens of thousands. It is of course impossible to unite drivers in open protest but if it were possible perhaps the best and most effective way of taking control of the situation would be to.... Drive ONLY for UBER on even numbered days....and ONLY for LYFT on odd numbered days... Effectively cutting the fiscal year down to six months for both companies... The per mile rate should fluctuate based on the average price of regular gasoline and the per minute rate should be exactly equal to the minimum wage... (around $1.25/mile and 0.25 respectively)...the split should be static and always remain 80% to the driver. But management at both companies are too inept to see that the end of rideshare is very near...about 18-24 months away if things don't change...meaning prices and driver pay have to go up... And no amount of cutesy promotions, financial three card Monty and shell games are going to replace the fundamental basis of all business... Which is a fair trade on both sides.
Rich Campus (3 months ago)
Intriguing subject. But these ideas and the companies that promote them are still in the infant stages. Proceed with caution. ~●~
Mark Swafford (3 months ago)
Uber does not screw drivers. That is an inaccurate statement. I operate in east Tennessee and do very well for the amount of time, effort and money I put into it. For every $21 I invest in my operations, I see on average of a $425 return. It requires a bit of business sense to see escalated financial returns. Anyone who complains of Uber using "slave labor" is either financially uneducated and regularly sees their lights being turned off or is relying on payday loan services to barely get by. I add over $2000 a month to my $6500 per month salary. That works for me...
Jeff Byrnes (3 months ago)
You’re either a shill or operating illegally: https://www.eastbayexpress.com/oakland/povertys-progressive-cheerleaders/Content?oid=14130484 https://www.newyorker.com/culture/annals-of-gastronomy/are-delivery-apps-killing-restaurants https://pix11.com/2018/10/06/uber-drivers-death-is-7th-nyc-taxi-industry-suicide-in-18/ https://www.theguardian.com/us-news/2017/jun/17/uber-drivers-homeless-assault-travis-kalanick
Cornell Daniel (3 months ago)
You must be a white man, because I work 40 hrs and I have a different outcome. Uber, lyft controls the algorithm of rides, and payouts. Good for you
Kevin James (3 months ago)
2 companies that rely on slave labor. They should be barred by the government for violating labor laws
Rich Ord (2 months ago)
It's always nice to hear from a Communist. Admit it... you voted for Obama, then Bernie and ultimately Hillary.
5622 1963 (3 months ago)
What ethics?you screw drivers just like uber
Zack E (3 months ago)
Sub to me