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🦈 “Doo-Doo-Doo” — Baby Shark’s IPO. 85% off Ozempic. Lyft CEO David Risher. +Restaurant Hottie AI
So it's a little bit of both.
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🦈 “Doo-Doo-Doo” — Baby Shark’s IPO. 85% off Ozempic. Lyft CEO David Risher. +Restaurant Hottie AI
Here's the thing.
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🦈 “Doo-Doo-Doo” — Baby Shark’s IPO. 85% off Ozempic. Lyft CEO David Risher. +Restaurant Hottie AI
We do, as I say, maybe 800 to 900.
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🦈 “Doo-Doo-Doo” — Baby Shark’s IPO. 85% off Ozempic. Lyft CEO David Risher. +Restaurant Hottie AI
By the way, thank you for that acknowledgement.
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🦈 “Doo-Doo-Doo” — Baby Shark’s IPO. 85% off Ozempic. Lyft CEO David Risher. +Restaurant Hottie AI
It's really, actually, I have to say, it is very satisfying to come into a company and have such good stuff to work with, right?
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🦈 “Doo-Doo-Doo” — Baby Shark’s IPO. 85% off Ozempic. Lyft CEO David Risher. +Restaurant Hottie AI
Great culture, great...
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🦈 “Doo-Doo-Doo” — Baby Shark’s IPO. 85% off Ozempic. Lyft CEO David Risher. +Restaurant Hottie AI
Great people, great industry, something that really matters to millions of people every single day.
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🦈 “Doo-Doo-Doo” — Baby Shark’s IPO. 85% off Ozempic. Lyft CEO David Risher. +Restaurant Hottie AI
And to be able to sort of shape it a little bit and move it a little bit.
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🦈 “Doo-Doo-Doo” — Baby Shark’s IPO. 85% off Ozempic. Lyft CEO David Risher. +Restaurant Hottie AI
And another stat, and then I'll answer your question, is we just generated a billion dollars of free cash over these last 12 months.
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🦈 “Doo-Doo-Doo” — Baby Shark’s IPO. 85% off Ozempic. Lyft CEO David Risher. +Restaurant Hottie AI
months, which is a big deal.
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🦈 “Doo-Doo-Doo” — Baby Shark’s IPO. 85% off Ozempic. Lyft CEO David Risher. +Restaurant Hottie AI
When I joined, Erin, who's our CFO, and I joined around the same time, she was one of my first hires, we were consuming about 300 million.
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🦈 “Doo-Doo-Doo” — Baby Shark’s IPO. 85% off Ozempic. Lyft CEO David Risher. +Restaurant Hottie AI
So from negative 300 million to positive 1 billion over two and a half years, that's a big deal.
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🦈 “Doo-Doo-Doo” — Baby Shark’s IPO. 85% off Ozempic. Lyft CEO David Risher. +Restaurant Hottie AI
Okay, why?
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🦈 “Doo-Doo-Doo” — Baby Shark’s IPO. 85% off Ozempic. Lyft CEO David Risher. +Restaurant Hottie AI
Again, customer obsession, customer obsession, customer obsession, that's the thing.
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🦈 “Doo-Doo-Doo” — Baby Shark’s IPO. 85% off Ozempic. Lyft CEO David Risher. +Restaurant Hottie AI
Now, where's that growth coming from?
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🦈 “Doo-Doo-Doo” — Baby Shark’s IPO. 85% off Ozempic. Lyft CEO David Risher. +Restaurant Hottie AI
So we do, as I say, 800, 900 million rides a year.
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🦈 “Doo-Doo-Doo” — Baby Shark’s IPO. 85% off Ozempic. Lyft CEO David Risher. +Restaurant Hottie AI
The other guys, maybe they do one and a half billion.
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🦈 “Doo-Doo-Doo” — Baby Shark’s IPO. 85% off Ozempic. Lyft CEO David Risher. +Restaurant Hottie AI
So let's call it two and a half billion between the two of us.
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🦈 “Doo-Doo-Doo” — Baby Shark’s IPO. 85% off Ozempic. Lyft CEO David Risher. +Restaurant Hottie AI
That's a big number, but here's the thing.
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🦈 “Doo-Doo-Doo” — Baby Shark’s IPO. 85% off Ozempic. Lyft CEO David Risher. +Restaurant Hottie AI
People take 160 billion rides in their own cars every year, just in the United States.