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It's somewhat ironic that Lyft announced its largest funding round to date on the same day that a judge rejected the company's request to declare its drivers in
by 7Figures2Commas 12y ago
It's somewhat ironic that Lyft announced its largest funding round to date on the same day that a judge rejected the company's request to declare its drivers independent contractors.
If a jury decides that drivers are employees, transforming the U.S. personal transportation market is going to become a much more expensive proposition for Lyft's investors.
[1] http://www.sfgate.com/bayarea/article/Juries-to-decide-whether-Uber-Lyft-drivers-are-6128899.php http://www.sfgate.com/bayarea/article/Juries-to-decide-wheth...