Lyft (and Uber) are essentially borrowing money long term, and selling rides at a less than market price short term. Some of the drivers are getting stiffed - m

Lyft (and Uber) are essentially borrowing money long term, and selling rides at a less than market price short term. Some of the drivers are getting stiffed - many of them, did they but know it, are getting an income where otherwise there wouldn´t be one with higher prices. The trick is essentially that at the end, the loan (or the shares that replace it) goes into default(become worthless). This is an old, old game, and one that can be run for a few short years, before it all ends in tears, and "whocoodanode" (to coin an americanism). Let´s just hope there isn´t too much pension fund money tied up in all this.