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What Is Lyft? What is Lyft? Lyft introduced on-demand ridesharing in 2012 – a friendly, safe, and affordable transportation option that fills empty seats in passenger vehicles already on the road by matching drivers and riders via a smartphone application. Lyft now matches over 2M rides per month across 60+ cities from San Diego to Boston. Staying true to our initial vision and long-term goal, the 2014 launch of Lyft Line enables multiple parties traveling separately to be matched with a common driver to maximize route and fuel efficiency. Drivers can also indicate their intended destination before accepting a ride request to maximize vehicle occupancy during incidental rides. Year Launched 2012 2013 2014 State Legislation Enacted Mayor Eric Garcetti Senator Cory Booker Governor Charlie Baker Michigan State House (Los Angeles) (New Jersey) (Massachusetts) Republicans (2015 Action Plan) “This is an exciting “There are all these “Emerging “As new moment for Los [collaborative transportation transportation Angeles as we consumption] options such as services like [Lyft] work to embrace companies starting up. Lyft present a real emerge, legislation technology to improve It’s actually helping opportunity for our is needed to welcome our transportation all of us enter a world evolving transportation entrepreneurial options and save of entrepreneurial ecosystem to more opportunities. We can people money. This interaction in a way efficiently serve provide uniform and decision allows new, that is so democratic residents and visitors predictable pathways cost-effective solutions that people are to Massachusetts alike.” to conduct business while protecting now given the tools in Michigan and public safety through to control their provide employment common sense economic destiny.” opportunities for regulations.” Michigan residents.” WHAT IS LYFT? Impact for Drivers for Passengers for Communities Drivers earn meaningful, Passengers 78% of passengers supplemental income — have additional spend more money a recent survey shows 66% transportation options at local businesses of driver earnings are used to — especially when public because of Lyft. cover primary expenses like transit is not available or A recent economic food, housing, and medical does not service an area of study estimated Lyft expenses. interest. Lyft passengers added over $170 in California saved 3 million million dollars to the Drivers require an hours in 2014 compared California economy in extremely flexible to their alternate mode of 2014. schedule that adjusts to transportation. their personal obligations Passengers chose and availability — 95% of Passengers say because to travel more drivers feel flexible hours are of Lyft they are more safely. Over 90% of very/extremely important. likely to travel on their own passengers feel they schedule (80%), avoid the are more likely to This combination of hassle of parking (81%), avoid driving while income and flexibility spend less time commuting impaired because of (68%), and feel empowered empowers drivers to Lyft. start or maintain their to visit areas of their city that are not easily — In a recent Lyft helps own business accessible (63%). survey, over 25% of drivers cities develop also own a business and 70% Passengers often use transportation of those business owners say Lyft for commuting, plans that appeal to a earnings from Lyft driving errands, medical growing demographic allow them to continue appointments, and of carless households. operating their business. connecting to public In a recent survey, transportation. Recent more than half of Drivers and passengers analysis shows that over passengers said make lasting connections 20% of Lyft rides in Silicon they use a personal — 3 out of 5 drivers say they Valley start or end at a vehicle less because are matched with a neighbor Caltrain station. of Lyft and 40% said at least once a week and they were more likely more than half say a ride Cashless transactions to avoid owning a resulted in a professional or enhance safety for personal vehicle business connection. passengers as well as entirely. drivers. 94% of passengers agree that Lyft’s transaction is safer and more convenient than cash. WHAT IS LYFT? Lyft Smartphone App HOW IT WORKS FOR PASSENGERS Download: Get Request: Tap a Get matched: Based Donate: When your Rate: After the ride, the app on your button to request on proximity and ride is complete, rate your driver smartphone and a ride and view ratings, get matched review fare and and leave optional input your credit card estimated time of and track driver submit payment comments based on information. arrival. location in real-time. electronically — no safety, navigation, cash is exchanged. friendliness, and cleanliness of car. HOW IT WORKS FOR DRIVERS Download: Get Get screened: Get onboarded: If Drive: After Rate: After the ride, the app on your Move through strict approved, complete reviewing passenger rate your passenger smartphone, input screening process welcome process. location, photo, and and leave optional your personal car including criminal Only approved rating, accept rides comments. Driver is year, make and background and members can access as they appear on not shown what rider model. driver record checks. driver mode. your smartphone. donated. vfr LYFT SMARTPHONE APP Trust & Safety Consumers want safer transportation. The Lyft platform was designed with a holistic approach to safety. A wide range of innovative features keep both drivers and passengers feeling confident, informed, and accountable at all times. CONFIDENT • 19-Point vehicle inspections • Criminal background check • Driving record check TRANSPARENT • Age 21 or older • Valid U.S. driver license with at least 1 year of driving history • In-app photo identification • In-app vehicle photo and license plate • GPS vehicle tracking • Trip summary sent to passenger email • Anonymized voice and text connection for driver/passenger while matched • Cashless payment transaction ACCOUNTABLE • 24/7 Trust & Safety Team • Zero-tolerance drug and alcohol policy • 2-way ratings after each completed ride • Automatic review of rides ending in low ratings • Automatic off-boarding of drivers with low ratings • Automated lost and found center 97% of passengers feel Lyft has high safety standards3 3 of survey respondents expressing an opinion TRUST & SAFETY Lyft Driver Community Driver Profile Drivers undergo a rigorous screening process prior to approval and high standards are enforced via real-time passenger ratings after each ride. DIVERSE EXPERIENCED 30% are 50% identify women with minority 92% are at least groups 25 years old Flexible Supplemental Earnings SUPPLEMENTAL AROUND FOR PEACE DRIVING PERSONAL OF MIND 5-9 OBLIGATIONS 86% 78% 10-14 have jobs < 5 drive less than 15 hours or seeking per week employment 15-19 20-29 10% 40+ 30-39 are students 66% of Lyft earnings are used for primary expenses Community Benefits SMALL BUSINESS VIBRANT MEANINGFUL GROWTH ARTS COMMUNITY INTRODUCTIONS 25% own a 40% are business in creative professions 58% say rides result in friendship or business connections Driver Background Checks Every driver who applies to become a part of the Lyft community is screened for criminal offenses and driving incidents. Each background check includes: A social security number verification — searches against a database of over 400 different sources such as major credit headers, property deeds/mortgages, vehicle registrations, licenses and permits, US Postal Mail Forwarding Service, utility company billing records, and other resources where the individual has used the social security number along with a name and an address. This search generates a history of past and present addresses and a list of names associated with those addresses, including aliases, maiden names, nicknames and names misspelled or variously transliterated across languages. An enhanced nationwide criminal search — searches against hundreds of millions of records collected from all over the country, including state Department of Corrections, most wanted lists, and outstanding warrants and arrest records as a part of SterlingBackCheck criminal background screening services. County court records — a direct search of criminal records from courts within any U.S. counties that the prior searches have identified as linked to the applicant. This search reveals any felony or misdemeanor cases and their final outcome, or current status if the matter is still pending.1 Federal criminal court records — This search identifies criminal case details and outcomes from any of the 94 U.S. federal district courts. U.S. Department of Justice 50-state sex offender registry search — searches the Federal Department of Justice (DOJ) Sex Offender Registry which includes real-time listings of registered sex offenders and other violent offenders in all 50 states.2 Background Check Driving Record Check screens for: • Age 21+ with 1 year or more of driving history • Violence • Valid personal auto insurance that meets or exceeds state requirements • Sexual Offenses • NO more than three minor violations in the • Theft past 3 years • Property Damage • NO major violations in the past 3 years • Felonies (e.g. reckless driving, no insurance) • Drug-related Offenses • NO severe violations in the past 7 years (e.g. DUI, extreme speeding) 1 Only the most recent 7 years of criminal conviction records are reviewed for convictions recorded in CA, CO, KS, MA, MD, MT, NH, NM, NV, NY, TX, & WA. 2except Nevada, which currently has an injunction in place. DRIVER BACKGROUND
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