Wednesday, April 24, 2024

Lyft Co-Founder: ‘Most Millennials Won’t Own a Car in Five Years’…And Data Supports This!

Lyft Co-founder, John Zimmer
Lyft Co-founder, John Zimmer

*If you’ve never heard of ride-sharing, app-based taxi services like Uber and Lyft, you probably don’t get out much.

They are pretty much taking over the world.

And John Zimmer, who co-founded Lyft, even goes as far as saying that in five years, most millennials won’t own a car. They will see no need for it.

“You could actually start seeing the majority of millennials in the next five years or so saying there’s no reason I should get a car,” Zimmer told Mashable recently. “The car used to be the symbol of American freedom. Now it’s like …owning a $9,000 ball and chain, because you have $9,000 in expenses on your car every year.”

Sounds like something someone with a ride-sharing business would say.

But apparently there’s data to support his theory.

Read more at EURThisNthat.

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