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There have been many articles in the mainstream media regarding the California law AB5 (Assembly Bill 5) over the past few months. Today, contributor Sergio Avedian will lay the facts regarding AB5, why Uber & Lyft are threatened by it and what they're doing to kill it before it is voted on in the CA Senate.
The gig economy, especially the rideshare industry, has benefited many people over the past decade. With technological innovation, millions of people around the country have signed up with one or multiple companies in various segments of the service industry, such as ...read more
This question keeps coming up. Should you sit in the front or the back of an Uber? In taxis, you typically sit in the back, is Uber different? Is it rude to sit in the front seat? Is it rude to sit in the backseat? What is appropriate? Have you been doing it all wrong?
There really isn’t a clear yes or no answer to the front or back seat question. It depends on the region, the driver, and you.
Solo Uber riders tend to get in the back seat sitting diagonal from the driver. This is partially out of ...read more
Uber went public on May 10, 2019. What does that mean? The company is no longer privately held. It is being traded on the stock market, and you can own a piece of the pie if you wish. The company was valued at $76 billion before going public. Some thought the company would go over $100 billion on opening day, but it is currently valued at $82.4 billion, which still makes it one of the top tech IPOs in history.
Investing can be both simple and complicated. Big numbers do not always mean big payouts or long term success, but ...read more
Lyft has become a part of people’s lives, lending a ride to people in a pinch for every day usage and everything in between. In an economy driven by competition, consumers are demanding lower prices. The company is responding with a their latest plan: Lyft Shared Saver.
It functions differently from the standard Lyft ride or a Lyft Line ride because it requires a little more interaction from the customer. Lyft Shared Saver asks riders to walk a few blocks to reach their pickup point and walk from their drop off point. There is no picking up and dropping off ...read more
Today’s world looks a whole lot different than the world of a hundred years ago or even twenty years ago. Jobs and careers, especially with the new gig economy, are changing at an unprecedented pace. Apps and smartphones and the gig economy were words that did not really exist ten years ago, but now they are a huge part of the global economy. Delivery driving is no longer a job just for high school or college students. People are now making careers as a delivery driver, supporting themselves between jobs, or simply doing a little side hustle. We have found ...read more