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theplague42

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theplague42
·6 lat temu·discuss
I do not think that "240k in debt" (he clarifies it was 140k in another comment) actually means owing 240k more than your total assets.

As far as the median net worth, that's just someone most of the way through paying off their mortgage...
theplague42
·6 lat temu·discuss
Or student debt; a doctor going 200k into debt for med school probably isn't exactly in dire financial straits.
theplague42
·6 lat temu·discuss
So it was really around 100k over four years with the last 40k covered by your acquisition earnings. So 25k a year on a 100k salary (pre/post-tax?). Which is a lot less than 80k a year. Still impressive, and kudos, but let's not pretend that it's anywhere the same. That's a difference of two whole median incomes per year.
theplague42
·6 lat temu·discuss
IIRC they only made these tweaks are being pressured by the government. They were perfectly happy breaking the law when it allowed them to grow quickly.
theplague42
·6 lat temu·discuss
Yeah this entire post is filled with comments misrepresenting (intentionally or unintentionally) the dynamics at play here, and it's all fine and good because "California state government bad."
theplague42
·6 lat temu·discuss
In part by ignoring city and state laws!
theplague42
·6 lat temu·discuss
Is there an Uber/Lyft driver union?
theplague42
·6 lat temu·discuss
Employers are not required to provide health plans. The issue is that Uber provides _some_ employees with health plans while keeping their lower-paid workers classified as contractors, even if they work essentially full-time.
theplague42
·6 lat temu·discuss
I think the heart of the issue is VC-backed startups trying their hardest to circumvent laws until they are big enough that enforcing the laws makes people mad.
theplague42
·6 lat temu·discuss
You could read the new law, or a summary. It's not super hard to understand.
theplague42
·6 lat temu·discuss
Does the cab model not work?
theplague42
·6 lat temu·discuss
this whole thread is a travesty
theplague42
·6 lat temu·discuss
Does the California court order apply to these part-time drivers? I thought it only affected drivers essentially working full-time.
theplague42
·6 lat temu·discuss
I don't think the comment is claiming the OP is a shill; just that OP's description is idealistic i.e. what OP _wants_ to think of the situation, and not authentic to the average driver's experiences.
theplague42
·7 lat temu·discuss
That's for fuel efficiency and acceleration. You wouldn't want to constantly redline your engine.