That's interesting since Craigslist has operated a rideshare marketplace for 20+ years and runs at an 80% profit margin. They've also never ran afoul of contractor vs. employee scrutiny.
Could it be that perhaps Uber and Lyft are simply poorly ran organizations who only excel at burning VC money?
When Tesla/Waymo/Uber/Lyft roll out actual self-driving technology in the future and people complain "robots are taking our jobs!" we can point to this legislation and say "actually, no, it was the politicians"
I'd argue that the contemporary infatuation with mastery of complex toolchains as being the only possible solution to modern technical problems is far more horrific.
Smart businesses focus on simple, effective solutions and avoid hiring engineers who obsess with rewriting everything using the latest over-hyped technology.
I agree but I think the fitness industry itself is inherently based upon dietary and exercise fads. If it wasn't a fad, they probably wouldn't be raising capital so easily. Guessing these investors assuming there'll be a greater fool?
I think it's fairly safe to assume that, if someone landed on your article, they had some sort of interest (or perhaps possessed the information literacy to figure out context) in the first place and you don't need to reintroduce the basics to every single reader.
You could also click the company name to get the Crunchbase company overview.
Could it be that perhaps Uber and Lyft are simply poorly ran organizations who only excel at burning VC money?