One of the key lessons that other companies can learn from Uber and Lyft's IPOs is the importance of having a clear and sustainable business model before going public. Both companies faced significant scrutiny over their lack of profitability at the time of their IPOs. Another lesson is the importance of timing. Both companies went public at a time when the market was highly volatile, which may have impacted their initial performance. Finally, the regional focus of Lyft versus the global presence of Uber highlights the importance of understanding and catering to your market.
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