I was happy to hear the announcement yesterday by Disney (DIS). Their steaming service will clearly give Netflix a run for their money. I also like the little undercut in price which should incentivize consumers to get on board. I love the smell of competition.
Well Lyft has shrunk from a high of about 88 to 60 inside 2 weeks! That is a huge variance in only a short period of time. Maybe the market has assessed its business model as the commodity that it is.
