lyft – The Musings of the Big Red Car

Uber v the Gig Economy Independent Contractors

Big Red Car — Thu, 12 Sep 2019 13:59:50 +0000

There was big news out of California this week that will impact the business model of Uber and Lyft, ride sharing companies who employ their drivers and their vehicles as “independent contractors.” This employer — employee independent contractor relationship is critical to the business model of both Uber and Lyft. The issue of whether an […]

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Growing Your Way to Positive Cash Flow — Uber

Big Red Car — Mon, 12 Aug 2019 15:58:41 +0000

I like the ride sharing business and use both Lyft and Uber, probably more Uber. It is very convenient when I have to go downtown for a meeting. It is cheaper than the cost of parking and less stressful. I am concerned about the prospect of Uber ever — EVER — becoming profitable. You have […]

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UBER Surge Pricing

Big Red Car — Mon, 13 May 2019 16:06:59 +0000

Hail, Uber! Uber went public last week with great fanfare befitting the third largest Initial Public Offering in US history. Hoorah, Uber! All hail Uber! Then, they ran into reality and reality drowned them with surge pricing. Uber came public at the low end of the proposed range (already a huge disappointment when compared to […]

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Anchors Aweigh, Tech IPOs

Big Red Car — Wed, 27 Mar 2019 18:55:26 +0000

First quarter of 2019 was a bust for tech Initial Public Offerings. Some blame it on the government shutdown and the inability to get the United States Securities and Exchange Commission to respond to preliminary S-1s (registration document). Fair play to that sentiment. A company files an S-1, the US SEC reviews it, the SEC […]

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