Two million lyft rides every day. Sometimes, CEO David Rishhar is behind the wheel.
key takeaways
- 60 -year -old David Rishk is the CEO of Lyft since 2023.
- Rishhar recently shared that he makes a secret drive for the company every six weeks.
- In its latest earnings report released in August, Lyft delivered the “off-the-chart display”, resulting in the company’s strongest quarter anytime.
Everyone six weeks60 -year -old Lyft CEO David Rishk goes into his car to work. But instead of going to office, he starts raising passengers.
In an interview earlier this month Wake-up call at work The newsletter, Rishhar, said that he drives for “learning, not to earn” regularly for Lyft. CEOs are part of trips Two million rides It was taken every day and given 800 million annually.
“Like most leaders, I need to spend most of my time at high altitude,” Rishhar told the newspaper. “But sometimes you dive deep, such as a Falcon is spotting its next food.”
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Rishar, who joined Lyft as CEO In 2023Said that his Lyft ride gave him deep insights into riders and drivers, and even led to the creation of a new product, such as PriceA $ 2.99 membership service that capses prices to avoid surge pricing during peak demand, which was launched by Lyft in September 2024.
Price lock originated from a conversation, which he did with one of his Lyft visits to the customer, who said that the price rises “affects the level of his daily tension.”
“This conversation is a major part of the reason why we have built a price lock,” Rishhar said, “It was listening to this woman” which helped them understand why the riders increased the “hate” pricing.
Lyft competitive uber Launched Its own price lock feature in May.
Meanwhile, Lyft’s business is booming. Rideshare company achieved Record financial performance In its latest earnings report released in August, all-time high settings in major financial matrix.
Rishhar said in one Press release The company gave “off-the-charts performance, resulting in a 12% year-year-old year with a record gross booking of $ 4.5 billion in our strongest quarter. Revenue for the quarter hit $ 1.6 billion, 11% year-to-year.
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key takeaways
- 60 -year -old David Rishk is the CEO of Lyft since 2023.
- Rishhar recently shared that he makes a secret drive for the company every six weeks.
- In its latest earnings report released in August, Lyft delivered the “off-the-chart display”, resulting in the company’s strongest quarter anytime.
Everyone six weeks60 -year -old Lyft CEO David Rishk goes into his car to work. But instead of going to office, he starts raising passengers.
In an interview earlier this month Wake-up call at work The newsletter, Rishhar, said that he drives for “learning, not to earn” regularly for Lyft. CEOs are part of trips Two million rides It was taken every day and given 800 million annually.
“Like most leaders, I need to spend most of my time at high altitude,” Rishhar told the newspaper. “But sometimes you dive deep, such as a Falcon is spotting its next food.”
