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The Silicon Insider

Silicon Insider | Ride Sharing and AB5

27 min • 21 augusti 2020
n this week’s Silicon Insider podcast with Mike Malone and Scott Budman: a turning point for Silicon Valley and California’s tech industry? Three events occurred that may be an augery of things to come. First, faced with the demand of AB5 to end their gig based business model for its drivers, both Uber and Lyft threatened to leave town. Then after a judicial ruling enforcing the law last week, this week the two ride-sharing companies announced they were suspending operations in California. Was Cali about to be the only place on earth without ride-sharing? Then, Thursday, while covering the Uber/Lyft protest in SF, Scott got word that another judge had put a stay on the injunction, allowing the state and the two companies a month to find a compromise. Will they?
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