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David Risher

๐Ÿ‘ค Speaker
231 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Talks
Lyft CEO David Risher Talks Fourth-Quarter Results

Yeah, I think that the way to think about AVs is they're going to be good for the whole industry, the rideshare industry, because as I say, it's a good new product at a lower cost.

Bloomberg Talks
Lyft CEO David Risher Talks Fourth-Quarter Results

And I think why we are particularly well positioned is we have demand that runs to the two, three, four million people a day level.

Bloomberg Talks
Lyft CEO David Risher Talks Fourth-Quarter Results

So we have lots of demand for this.

Bloomberg Talks
Lyft CEO David Risher Talks Fourth-Quarter Results

And you know what they want?

Bloomberg Talks
Lyft CEO David Risher Talks Fourth-Quarter Results

They want a fast, reliable pickup that's going to get them where they want to go.

Bloomberg Talks
Lyft CEO David Risher Talks Fourth-Quarter Results

Sometimes they'll want to be driven by a human, sometimes by a robot, just kind of depends.

Bloomberg Talks
Lyft CEO David Risher Talks Fourth-Quarter Results

And so this idea of a hybrid network, I think it's a real strength, particularly when you sort of marry it with fleet management.

Bloomberg Talks
Lyft CEO David Risher Talks Fourth-Quarter Results

Yeah, for sure.

Bloomberg Talks
Lyft CEO David Risher Talks Fourth-Quarter Results

So we're in Atlanta.

Bloomberg Talks
Lyft CEO David Risher Talks Fourth-Quarter Results

We still have safety drivers in the car just to make sure everything is going well.

Bloomberg Talks
Lyft CEO David Risher Talks Fourth-Quarter Results

And, you know, because we want this to be an incredibly high quality, incredibly safe experience.

Bloomberg Talks
Lyft CEO David Risher Talks Fourth-Quarter Results

What we're learning is people love it.

Bloomberg Talks
Lyft CEO David Risher Talks Fourth-Quarter Results

I mean, this is the interesting thing.

Bloomberg Talks
Lyft CEO David Risher Talks Fourth-Quarter Results

People before they, when they hear about AVs, they're often a little skeptical.

Bloomberg Talks
Lyft CEO David Risher Talks Fourth-Quarter Results

They sound like, I'm not sure I'm going to be excited about taking a car that's driven by a robot.

Bloomberg Talks
Lyft CEO David Risher Talks Fourth-Quarter Results

You know, five minutes later, they've kind of fallen in love.

Bloomberg Talks
Lyft CEO David Risher Talks Fourth-Quarter Results

And that's kind of what we're seeing.

Bloomberg Talks
Lyft CEO David Risher Talks Fourth-Quarter Results

The utilization is high, like what's the metric?

Bloomberg Talks
Lyft CEO David Risher Talks Fourth-Quarter Results

Yeah, super high, super high.

Bloomberg Talks
Lyft CEO David Risher Talks Fourth-Quarter Results

Basically, I mean, as much supply as we can get, we can put on the road because there's plenty of demand for these things.