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Lyft in Trouble

The Pragmatic Engineer

Disclaimer: I worked at Uber, Lyft's US competitor, between 2016-2020. Lyft is a rideshare platform that’s a direct competitor to Uber, operating in the US and Canada. Still, an adjusted net loss of $531M is still not pretty, knowing that Lyft has $1.8B This change signals its “ wartime ” at Lyft.

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The Collapse of Silicon Valley Bank

The Pragmatic Engineer

Bank run at SVP Thursday, 9 March, Around 9am in the morning (PST / California time), founders were tipped off by venture capitalists that SVB looked in trouble. It’s been a wild weekend, starting Friday. ” There was no certainty for startups with money in Silicon Valley Bank. Deposits in Silicon Valley Bank, 1991-2023.

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Is the strategy of joining late-stage startups for the financial upside, a dead end?

The Pragmatic Engineer

👋 Hi, this is Gergely with a bonus, free issue of the Pragmatic Engineer Newsletter. We cover one out of six topics in today’s subscriber-only The Scoop issue. To get this newsletter every week, subscribe. Stay around until the company goes public. Cash in on the rising stock price. I had no idea. What would I do differently?

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Data Engineering Weekly #126

Data Engineering Weekly

Personally, AI spreading misinformation amplifies human tribalism is much more troubling than the Terminator scenario. Sign up free to test out the tool today. Application code changes too often, but click stream tracking event structure remains the same. I’m so curious to know your take on this problem. Will GPT destroy society?