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Lyft falls below IPO price on its second day of trading

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Apparently their prospectus literally says something close to, "We are currently not profitable and have no currently pathway to becoming profitable." It seems like the only paths to profitability that exist are rolling out robo-cars much faster than seems to be possible right now, or literally just killing the traditional cab industry so there are no other options left and then charging what traditional cabs used to charge.

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