The new CEO of Lyft gives his first podcast interview since taking the job. That's coming up right after this.

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Welcome to Big Technology Podcast, a show for cool-headed, nuanced conversation of the tech world and beyond.

We have a great show for you today. David Risher,

he's the CEO of Lyft. He's a few months into the job and he's here to tell us how it's going.

Can't wait for this discussion. David, welcome to the show. It's great to be here, Alex. Thanks for

having me on. Thanks for coming on. So let's zoom back to when you first took the job. I did some reading this morning,

try to figure out the clips of what the environment was like. This is straight from the AP story.

You're smiling, so I think you know it's coming. This is what the AP says. The shakeup comes about

a month after lift disclosed that it suffered a $58 million loss for the final three months of last year,

more than doubling the same 2021 period and provided a dismal outlook for 2023.

That deepened a downturn in Lyft stock, which has pushed its shares below $10, a roughly 80% drop from their price at the end of 2019.

Why did you take this job?

That's a great setup.

I mean, look, there's so much opportunity.

I mean, the article said it right, you know, sort of in black and white.

You know, this is a company that really pioneered ride chair.

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