He's only saying "bullshit" to the guys claim they were originally making $20/mile... Sounds like from info you posted that both the $20 and the $2.75 per mile claim are completely wrong.
Kamel: “We started with $20.”
Kalanick: “Bullshit.”
Kamel: “We started with $20. How much is the mile now, $2.75?”
"At the same time that it was restricting the aforementioned employee from selling, Uber also was preparing to raise new outside funding that ultimately would value the company at more than $18 billion."
Read carefully, this was prior to that round closing. Assumably they'd offer more now. (~5x)
This looks desperate, Lyft is just grabbing for ways to stay relevant. I don't see how they ever raise enough to actually compete after giving away nearly 40% of their company on that last round.
