Assignment
In memorandum 5, you will need to watch the videos about the Lyft and Uber. I, the CEO of JD Hall and Associates have to decide where to invest the employees 401k plan. I initial though about Uber or Lyft as they seem to be all the rage these days. I would like you to write me a 1 page memo (in word or pdf) that has the follow sections:
1) Summary of the videos
2) Find an example of a tech company that either had significant losses early on and now makes a profit (other than amazon) or one that had early losses and never turned it around to make a profit.
3) Explain why you would or would or would not recommend that JD Hall and Associates invests the employees 401k in one of these companies
4) Works Cited
Article: Uber, Lifting Financial Veil, Says Sales Growth Outpaces Losses By Eric Newcomer.
Watch the youtube video "Lyft President: We Have 40% of Market in San Francisco".