666 karma · joined May 11, 2018
How it ever got moved to prod is beyond me.
The same phenomenon he describes where liquidity events propagate the cycle of early movers becoming angels could easily take place on a larger scale where an exodus of "good" angels from SF seeking value in other markets disseminates this model and evens it out a bit. This could also dampen some of the externalities created by this feverish form of capitalism i.e. ludicrous real estate prices, crushing income inequality, etc.
Of course this would take some rather weighty exogenous event taking place to make either SF or the US unattractive locations to start a business.
glares angrily at Joe Rogan
If Uber just presented an explanation of the issues and allowed drivers to decide for themselves without any way for the platform to track their decision, no problem.
Here's the thing... they're not making _any_ money in the first place. Every single segment of Uber's business is loss-making. So AB5 will uh, force a loss-making, VC-capital-burning, parasitic business to be slightly more loss-making at the cost of providing a living wage to drivers?
The whole situation is frankly absurd.
You just listed the standard elitist silver spoon CV. She had a stellar career because she was born into it. Her track record at all of these institutions speaks to her actual talent.
Meritocracy, my ass.
I don't think it would be much of a stretch to assume that in this situation you would have sleek, more expensive "luxury" services competing against more humble, but cheaper, community run services. Sounds like a much more equitable arrangement that provides greater choice for both riders and drivers.
https://mobile.twitter.com/elonmusk/status/12360294490421985...