Lyft CEO David Risher on the company’s road to profitability

In a recent interview with Wired, the former Amazon and Microsoft exec called Lyft “the good Uber,” and discussed its financial turnaround.

Lyft CEO David Risher November, 2025. [Photo: Patricia De Melo Moreira/AFP/Getty Images]

When David Risher was appointed as Lyft’s CEO in 2023, the company was struggling with financial losses and dwindling market share. The rideshare conducted multiple rounds of layoffs to stay afloat. In........

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