3 ms·

I'd hate to see losing.

• onewaystreet 11y ago
  Losing would be getting banned and staying banned. Many places have banned Uber in the past (SF, NYC, etc.) but they ended up getting unbanned. Portland is recent example: http://www.bloomberg.com/news/features/2015-06-23/this-is-how-uber-takes-over-a-city http://www.bloomberg.com/news/features/2015-06-23/this-is-ho...
  • toomuchtodo 11y ago
    Wait until the IRS deems Uber has illegally classified workers across the country as independent contractors and requires missed tax payments and penalties to be paid. It should be noted, corporate officers are personally liable for those expenses if the corporation defaults or folds.
    • ianstallings 11y ago
      And notable politicians are talking about squashing the "gig" economy (e.g. Hillary Clinton). If I was an investor I'd be a little worried. The US government has made clear in the past that it frowns on using contractors over full time employees, if past law suits against enterprises that use them are any indication.