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Full-Time

Data Scientist

Algorithms, Growth Products

Posted on 6/20/2024

Lyft

Lyft

10,001+ employees

Ride-sharing platform connecting drivers and passengers

Automotive & Transportation
Consumer Goods

Compensation Overview

$150k - $180kAnnually

Senior

Company Provides H1B Sponsorship

San Francisco, CA, USA

Requires onsite presence in San Francisco, CA for three days per week on Mondays, Thursdays, and a team-specific third day. Additionally, hybrid roles have the flexibility to work from anywhere for up to 4 weeks per year.

Category
Data Science
Data & Analytics
Required Skills
Python
Data Structures & Algorithms
Data Analysis
Requirements
  • M.S. or Ph.D. in Statistics, Operations Research, Mathematics, Computer Science, or other quantitative fields
  • 3+ years of professional experience for PhDs or 5+ years for Master’s in a data scientist role
  • Passion for solving unstructured and non-standard mathematical problems
  • End-to-end experience with data, including querying, aggregation, analysis, and visualization
  • Proficiency with Python and working in a production coding environment
  • Proven experience with building and evaluating machine learning models
  • Ability to collaborate and communicate with others to solve a problem
  • Strong oral and written communication skills, and ability to collaborate with cross-functional partners
Responsibilities
  • Partner with other scientists, engineers, product managers, and marketers to frame problems mathematically and within the business context
  • Perform exploratory data analysis to gain a deeper understanding of problems
  • Develop and fit statistical, machine learning, or optimization models
  • Write production model code; collaborate with Software Engineers to implement algorithms in production
  • Design and implement both simulated and live experiments
  • Analyze experimental and observational data; communicate findings; facilitate launch decisions

Lyft connects passengers with drivers through a mobile app, primarily serving urban commuters, students, and tourists in the United States and Canada. The platform offers various ride options, including standard, luxury, and shared rides, catering to different customer preferences. Drivers use their own vehicles to provide services, and Lyft earns revenue by taking a commission from each ride fare. In addition to car rides, Lyft also provides bike and scooter rentals, and has a subscription service called Lyft Pink that offers benefits for a monthly fee. The company emphasizes safety and community guidelines to ensure a secure experience for users, while also supporting drivers with flexible payment options. Lyft's goal is to provide reliable transportation solutions while exploring self-driving technology and maintaining a diverse revenue stream.

Company Stage

IPO

Total Funding

$4.8B

Headquarters

San Francisco, California

Founded

2012

Growth & Insights
Headcount

6 month growth

3%

1 year growth

16%

2 year growth

4%
Simplify Jobs

Simplify's Take

What believers are saying

  • Lyft's exploration of self-driving technology positions it at the forefront of innovation in the transportation sector.
  • The company's flexible payment options attract a diverse range of drivers, enhancing its service availability and reliability.
  • Strategic partnerships, such as those with Babyscripts and the NAACP, expand Lyft's market reach and social impact.

What critics are saying

  • The ongoing legal challenges regarding the classification of drivers as independent contractors could result in increased operational costs and regulatory scrutiny.
  • Intense competition from rivals like Uber may pressure Lyft's market share and profitability.

What makes Lyft unique

  • Lyft's diversified revenue streams, including bike and scooter rentals, advertising, and subscription services, set it apart from competitors who primarily focus on ride-sharing.
  • The company's emphasis on safety and community guidelines ensures a secure experience for both drivers and passengers, which is a significant competitive advantage.
  • Lyft's partnerships with organizations like the EAS Carpenters union and Babyscripts highlight its commitment to social impact and community engagement.

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