Do Uber and Lyft drivers in Seattle make $9.73 an hour or $23.25? That depends on whether you read a Berkeley University report commissioned by the city or a Cornell University report commissioned by the companies. CNET takes a good look at the situation, which is part of an ever-growing corporate versus labor battle over the “gig” economy. The Berkeley study, drawing from surveys of more than...
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The Role of Tech Founders in Stock Performance: The Information’s Tech Briefing
Are founder-led firms necessarily better bets for investors than those led by managers? An article on Reuters concluded as much, reporting that “Major founder-led tech firms have seen their share prices double so far this year, comfortably beating a 7.8% gain for the S&P 500 index” and also doing better than those led by hired hands. The report focused on Netflix, Amazon and ...
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