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A comment on Uber and Lyft drivers' median hourly wage is just $3.37, report finds. Parent comment

Re:Uber and Lyft drivers' median hourly wage is just $3.37, ... by chrismcb on Friday March 02, 2018 @02:31AM (#16499782)
If the GP is correct and the companies are losing money and subsidized by venture capital... Then no, they aren't fixing the process down to market rate. They are artificially delaying the market rate with venture capital.
[ Parent | on HN ]
Re:Uber and Lyft drivers' median hourly wage is just $3.37, ... by sundvor on Friday March 02, 2018 @04:36AM (#16500212)
Yep, and ruining life of lots of people in the process.

But hey, all for big money!

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Re:Uber and Lyft drivers' median hourly wage is just $3.37, ... by nopriorarrests on Friday March 02, 2018 @05:40AM (#16500453)
I do not see how subsidizing work is "ruining life of people".

I, for one, receive competitive salary from market and would love my work be additionally subsidized by VC. Ruin me all you can.

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Re:Uber and Lyft drivers' median hourly wage is just $3.37, ... by addicted on Friday March 02, 2018 @09:26AM (#16501533)
Subsidizing poorly paid work. Work that on the median, if the research is correct, does not even make 50% of minimum wage.
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