Uber, Lyft, Postmates, Instacart and Doordash were successful in their nearly $200M effort to pass California’s Proposition 22 in November – to allow gig operators to avoid treating their drivers as full-time employees with all of the associated employee benefits and legal protections. In the midst of a devastating pandemic… Read More
Amazon Tesla Uber and DoorDash
As the death toll in the U.S. from COVID-19 approaches 300,000 I am impressed by the resilience of pandemic doubters and deniers. I’m talking about the point-three-percent-ers* who have shifted from calling COVID-19 a hoax to encouraging as many people as possible to get the virus to “get it over with.”
Maybe “impressed” isn’t… Read More
DoorDash IPO Spins COVID-19 Impact
The outlook for DoorDash’s highly anticipated public offering announced last week is inextricably bound up in the impact of the COVID-19 pandemic. It seems that the worse the COVID-19 pandemic becomes, the better the IPO circumstances look for DoorDash, but that’s not exactly how DoorDash tells the tale.
DoorDash filed… Read More