This program isn't free for Lyft -- @ 1,000 employees and $375/space/month for e... | Hacker News

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		noahmbarr on Aug 10, 2017 \| parent \| context \| favorite \| on: Lyft’s Radical Experiment in Charging for Free Par... This program isn't free for Lyft -- @ 1,000 employees and $375/space/month for each of the 53 spaces, the monthly program cost is $35K per month (with the subsidies net of revenue), or 420K a year in cash burn!!!! IMHO, they'd be better off shutting down the lot and using it as a picnic area / common area for everyone to enjoy.

happyopossum on Aug 10, 2017 [–]

I’m not sure I follow your numbers or your logic - Lyft charged their employees, where is the $35k/mo cost to Lyft coming from?

gwern on Aug 10, 2017 | [–]

Presumably that's originally coming as part of the total cost of renting the building+mandatory parking lot. :)

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