Full-Time

Head of Strategy & Corporate Development

Confirmed live in the last 24 hours

Lyft

Lyft

10,001+ employees

Ride-sharing platform connecting drivers and passengers

Automotive & Transportation

Compensation Overview

$300k - $350kAnnually

+ Equity Offering + Bonus

Expert

Company Historically Provides H1B Sponsorship

San Francisco, CA, USA

Hybrid schedule requiring in-office presence 3 days a week (Mondays, Wednesdays, Thursdays).

Category
Project Management
Strategy Development
Business Development
Business & Strategy
Requirements
  • 15+ years of experience in corporate development, strategy leadership, international partnerships and investments or a top tier consulting firm. Strong preference for candidates who have worked on $1B+ deals along with operational experience.
  • Experience in consumer technology, especially the sharing economy or marketplace platforms as well as in the Automotive / Mobility or Autonomous Vehicle industry preferred
  • MBA from a top academic institution a plus
  • Excellent relationship building, communication, and financial acumen
  • Ability to thrive in a fast paced environment and execute effectively while thinking creatively and managing multiple projects simultaneously
  • Strong executive presence with a proven track record of presenting to C-suite executives and Boards
  • Experience building and managing teams, with a demonstrated dedication to growth & development
  • Proactive self-starter that works collaboratively in a team-first, low-ego environment
Responsibilities
  • Identify attractive opportunities for Lyft to expand its business and drive future growth
  • Develop and execute expansion strategies in alignment with the company's overall growth objectives.
  • Establish and maintain strong relationships with key stakeholders, including CEO and CFO and potential partners, regulatory bodies, and industry leaders.
  • Work closely with internal teams (e.g., legal, finance, operations, product) to ensure seamless execution of new initiatives.
  • Identify, incubate, and launch net-new strategic initiatives that align with the company's long-term vision and goals in conjunction with key stakeholders and product leaders
  • Develop business cases and go-to-market strategies for new initiatives and ensure successful execution and scaling.
  • Identify, evaluate, and negotiate strategic partnerships, joint ventures, acquisitions, and other growth opportunities.
  • Lead end-to-end deal execution, including due diligence, financial modeling, negotiations, closing and integration planning.
  • Set and track KPIs to measure the success of market expansion efforts and new initiatives, making data-driven adjustments as needed.
  • Complement the product and operations teams by acting as the central hub for all strategies, ensuring legal, systems, finance, banking, and treasury requirements are met.
  • Articulate clear rationale and risks associated with proposed transactions with deal sponsors and the executive team, taking into account Lyft’s overall strategic objectives.
  • Develop presentation materials to provide recommendations to the executive team and the Board.

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 needs. Drivers use their own vehicles, and Lyft earns revenue by taking a commission from each ride fare. In addition to car rides, Lyft provides bike and scooter rentals and has a subscription service called Lyft Pink, which offers benefits for a monthly fee. The company also explores self-driving technology to stay competitive. Lyft prioritizes safety and community guidelines, ensuring a secure experience for users, and supports drivers with flexible payment options, allowing them to cash out earnings instantly. Overall, Lyft aims to provide versatile transportation solutions while maintaining a steady income through diverse revenue streams.

Company Stage

IPO

Total Funding

$4.8B

Headquarters

San Francisco, California

Founded

2012

Growth & Insights
Headcount

6 month growth

3%

1 year growth

7%

2 year growth

7%
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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