Re:California appeals court rules Uber, Lyft must reclassify...
by greendude29 on Friday October 23, 2020 @11:18AM
(#24870370)
...no?
I wasn't making a specific claim, so didn't find the need to present data, you know, for the claim I'm not making.
> I love this. You're conflating a business model that doesn't work under a set of (possibly) onerous regulations to a failed business model. Who has it failed for? And don't say investors, because these are smart people who believe there is a path to profitability.
It's a failed business model because it cannot operate once these companies are asked to pay living wages - which they don't. Hence...failed. If I were to open up a factory and paid my workers $0.50/hour and then got shut down for not paying minimum wage; the burden of that failure would be on me, not the state that's asking me to pay minimum wage.
I wasn't making a specific claim, so didn't find the need to present data, you know, for the claim I'm not making.
> I love this. You're conflating a business model that doesn't work under a set of (possibly) onerous regulations to a failed business model. Who has it failed for? And don't say investors, because these are smart people who believe there is a path to profitability.
It's a failed business model because it cannot operate once these companies are asked to pay living wages - which they don't. Hence...failed. If I were to open up a factory and paid my workers $0.50/hour and then got shut down for not paying minimum wage; the burden of that failure would be on me, not the state that's asking me to pay minimum wage.
Who cares about investors?