Anthony Foxx: Why I’m Joining Lyft

It’s time to Break It Down!

Yesterday, Anthony Foxx, former Charlotte Mayor, and former U.S. Secretary of Transportation, issued a statement through the online publishing platform Medium, about his reason for joining Lyft, an on-demand transportation company. Foxx, a Charlotte native, discussed how his experiences growing up in Charlotte, as well as his time as Mayor and as Secretary of Transportation, affected his decision to affiliate with the company.

Lyft, based in San Francisco, California, is a competitor to the larger Uber. It develops markets and operates the Lyft car transportation and mobile app. The entity launched June 2012, and operates is approximately 300 U.S. cities, including New York, San Francisco, and Los Angeles. The company provides over 1 million rides per day, and was valued at $15.1 billion in June 2018. It has raised over $5.1 billion, and in December 2017, moved into Canada to challenge Uber.

Foxx will serve as Lyft’s chief policy officer and advisor to its co-founders. He is expected to focus on developing more partnerships with governments and with reshaping mass transit systems in cities. This move speaks to the increasingly central role tech companies play in transportation. He is the first former transportation secretary to join a Silicon Valley startup, and the second prominent Obama official to join Lyft. Former senior adviser Valerie Jarrett was named to the company’s board last year.

Mr. Foxx said in his statement that the company’s mission and values drew him to the enterprise. His entire statement appears below:

“Transformations can happen quickly. Some take time. With so much talk about the growth of cities, the internet of things, the role of regulation in an era of rapid technological change, rising congestion and the need to open the doors of opportunity wider to all segments of the population, change is needed. I have spent much of my public life putting the building blocks in place for that transformation to occur. I see a future in which we get places safer, faster, smarter, cleaner and more connected to opportunity — and each other — than ever before. This future is within our grasp but it will not happen on its own. It will be the product of business and government working together. Because I believe the team at Lyft is best positioned to drive us in the right direction, I am proud to announce that I am joining their team today as Chief Policy Officer and Senior Advisor to the President and CEO.

More on that in a second.

Let me get back to transformations.

There is a transformation underway across the world and in the United States. People are increasingly flocking into cities, seeking better opportunities and quality of life. This growth is compounding the challenges of moving ever larger numbers of people within the relatively tight footprint of our urban regions. If we’re not careful, sheer population growth and slow adaptation of technologies that might otherwise relieve congestion, create more connections and increase economic access will limit our potential as a nation. There will be some trial and error. There will be some transition challenges. But the direction — safer, faster, smarter, cleaner and more connected to opportunity — and to each other — will be worth it. My belief is woven into my life experience.

Growing up in Charlotte, I rode with my grandparents on weekend trips to the grocery store. They were retired school teachers and cared for me throughout my childhood. We routinely passed by the stores closest to us because they offered moldy meats and seafood. These stores would never have attempted to open in more well-to-do parts of my hometown. So, every Saturday morning, my grandparents traveled to three grocery stores across town, one for staple foods, another for meats, fruits and vegetables and still another for fish. It does not get any more fundamental than food.

My grandfather bought used cars. He put enough gasoline in them to make the trips he needed but rarely filled the tank. The car was a necessity but it was also a cost center. We were lucky to have a car. I saw so many nearby families who did not. How much more discretionary money might my family have had if we never owned a car — if there had been a way to pay for the trips they needed instead of the car itself? How about those families I saw growing up who had no choices — not for food, not for work, not for school, not for health care? Lyft is, at its core, a transportation company. It wants to offer solutions we did not see back in those days.

As a mayor and, later, as the U.S. Secretary of Transportation, I have a unique perspective. I have made decisions on issues affecting mobility — everything from zoning and land use, to capital budgeting, to street resurfacing, to transit. As U.S. Transportation Secretary, I carried my local government experience to Washington, putting forth the Department’s first Smart City Challenge and issuing the most comprehensive national autonomous vehicle policy framework in the world. I traveled to all 50 states and lobbied for passage of the FAST Act, the first long-term transportation funding bill in a decade. These efforts required strong relationships, creativity, grit and vision. These are qualities that I also see in Logan and John — and the incredible platform they have built.

Lyft has built its brand on getting you there and caring about how you get there. The company remains at the forefront of meeting our nation’s comprehensive mobility needs, but works hard to do so in partnership with key stakeholders. They recognize the extent to which the Lyft platform can bring people together while connecting us to the places we go. They have built an amazing team, and they believe, as I do, that this work, if done well, can lead to a better world. I so look forward to working with this incredible team. Lyft is the future, and I cannot wait to get started.” The foregoing statement reflected, in his own words, “Anthony Foxx: Why I’m Joining Lyft!”

I’m done; holla back!

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https://medium.com/@Anthony_Foxx/why-im-joining-lyft-cd0a91b47725

https://en.wikipedia.org/wiki/Lyft

https://www.cnn.com/2018/10/09/tech/lyft-anthony-foxx/index.html

https://thesphinxofcharlotte.com/2018/10/10/anthony-foxx-why-im-joining-lyft/

 

 

 

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