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by cee_el123
1700 days ago
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I would like to see this as a formalization of the fact that companies of the following type need more time if they are to grow ethically companies like Uber, Amazon etc - that subsidize services at the expense of service providers (e.g. drivers, warehouse workers) |
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In the case of Uber/Lyft, it appears from the economics that they're subsidizing services more so at the expense of investors.
In other words, the bulk of the financial burden is in the form of burning through VC/Debt $$$ they've raised. Sure, they also have been known to try to shaft the gig workers here and there, but they're by no means the ones shouldering the bulk of the burden for the subsidizing.
Otherwise, there would be little incentive for gig workers to ever join that platform to begin with.