The long-term implications of Uber and Lyft's high cash burn rate could be varied. On one hand, it could lead to gaining a larger market share as they continue to invest in driver subsidies and promotional discounts for riders. This could potentially lead to higher revenues in the future. On the other hand, the high cash burn rate could also lead to financial instability if the companies are unable to become profitable in the long run. It's a risky strategy that depends on the companies' ability to eventually turn a profit before the cash reserves run out.
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