RIDEGURU
Apparently, they are now considering franchising to get out of AB-5. Is this possible?
https://www.nytimes.com/2020/08/18/technology/uber-lyft-franchise-california.html
Well this is new, Uber and Lyft thinking about franchising?
Posted 4 years, 3 months ago
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actingfool
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Comments
Is it possible given the current rate structure, absolutely NOT. But keep in mind that when I started rates were double what they are now, and they were still MUCH MUCH cheaper than a cab. I'll never understand why they reduced the rates to the levels we have today. The solution is simple, charge a little more, cover your driver expenses and then allow for a small margin for the fleet operators. It can be done but ONLY with increased rates. And yes people will complain until it becomes the new normal.
Gotta admit that's pretty clever.