David Risher
David Risher is CEO and a director of Lyft. A former Microsoft general manager and Amazon executive, he also co-founded the literacy nonprofit Worldreader.
Lyft Says Its Average Share of Rider Fees Is 15%, Capped at 30%
Lyft Chief Executive David Risher says the company takes no more than 30% of a rider’s fee after insurance costs, with its average share at 15%. In an interview with Bloomberg Tech’s Tim Stenovec, Risher said Lyft introduced the cap after driver feedback and returns money to drivers weekly; he also said driver supply and hours on the platform are at all-time highs.
Lyft Bets Robotaxis Will Expand, Not Replace, Ride-Hailing
Lyft CEO David Risher argues that autonomous vehicles can expand ride-hailing demand rather than simply replace human-driven trips, as riders choose between services for different needs. He is also positioning Lyft’s acquisition of Free Now and its taxi relationships as the basis for international growth, particularly in regulated European markets. Risher said the company is still deciding how to differentiate its European offering from Uber, Bolt and other established rivals.