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When Uber or Lyft goes public, what do the drivers get?

Edward Escobar has been driving for Uber and Lyft for practically 4 years. That’s eons in Silicon Valley time. If he have been an worker at both ride-hailing firm, he’d be thought of a stalwart, in all probability with inventory choices absolutely vested. And if both firm went public at their present valuations, he would have a great shot at placing it wealthy.

However Escobar isn’t an worker. He’s an impartial contractor within the gig financial system. This implies he’s not entitled to advantages comparable to medical insurance, time beyond regulation or expense reimbursement. He doesn’t get the free lunches served to Uber and Lyft workers of their San Francisco headquarters, and he doesn’t get a share of the businesses’ coveted inventory choices both.

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