https://qz.com/1537401/lyft-and-juno-sue-over-rules-to-raise-pay-for-ride-hail-drivers/ We did not sue. So why are we still bad?
Lift is worse due to thick layer of hypocrisy, the pink veneer
nit lyft
No. They can be equal. This title does not suggest one is better than the other. Rather that neither is better.
Uba is betta 🤣
What’s a reasonable valuation of lyft when it ipos?
If u want that ipo money do ur own research
Yeah this is part of research.. answer or gtfo
See this article from AngelList: “Originally passed in December, the law aims to enforce a minimum wage of $17.22 (after expenses) for drivers on all ride-sharing services, but according to Lyft and Juno, the bill is unfairly advantageous to Uber. The companies' arguments hinge on the formula the city uses to calculate how much a driver is owed. It uses something called a utilization rate, which calculates what percentage of a driver's time is spent transporting customers—and therefore earning money—versus how much time they spend waiting for a request. The issue, according to the lawsuits, lies in the size of Uber's user base. Because of Uber's massive market share, its drivers receive a higher volume of requests, resulting in a better utilization rate. Lyft and Juno both claim this will lead to a death spiral —putting them in a position where they have to pay more out of pocket to keep drivers on the road than their main competitor does.”
And why is that a bad thing? If Lyft and Juno have bad utilization rates that means their drivers aren't getting paid as much.
Didn't Lyft say they have 35% CP? Why cry now
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Because you’re letting Lyft pay the cost of the lawsuit rather than suing yourself.
We don’t own Lyft so we cannot tell them not to sue. Unfortunately.
If you read the article, it seems the new law puts Uber at an advantage in NYC’s market, so why would Uber sue?