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This does not generalize to the broader gig economy, but I expect quarterly losses will increase for Uber and Lyft, whether due to adhering to or fighting the b
by 401kguy 7y ago
This does not generalize to the broader gig economy, but I expect quarterly losses will increase for Uber and Lyft, whether due to adhering to or fighting the bill.
While I’m not a fan of either company, heavy blows to both have the risk of putting Lyft into a downward spiral as they have far less capital to weather a storm than Uber. If the duopoly becomes more like a monopoly that would give Uber even more leverage over drivers.