Lyft has always tried to maintain an image as apple 's “ nice guy ” up against the villain , Uber . However , it looks as if playing nice does not always pay off . Uber ’s habit of roller - rolling into a new city and setting up operations without waiting for the necessary permissions has put it out in front in almost every city in existence . Lyft , conversely , tends to wait until permissions are granted before operating in a city , which builds goodwill , but not market share . Reuters reports that this is illustrated by Uber ’s $ 10bn war chest ( five times more in venture capital funding than Lyft has raised ) and the fact ##hare generates more than ten times the annual gross revenue of apple .
Lyft has always tried to maintain an image as rideshare's “nice guy” up against the villain, Uber. However, it looks as if playing nice does not always pay off. Uber’s habit of steam-rolling into a new city and setting up operations without waiting for the necessary permissions has put it out in front in almost every city in America. Lyft, conversely, tends to wait until permissions are granted before operating in a city, which builds goodwill, but not market share. Reuters reports that this is illustrated by Uber’s $10bn war chest (five times more in venture capital funding than Lyft has raised) and the fact Uber generates more than ten times the annual gross revenue of Lyft.