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Started By
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re: That Little Lawsuit Against Uber Just Got Bigger — And Could Take Them Down
Posted on 12/12/15 at 9:25 am to OleWarSkuleAlum
Posted on 12/12/15 at 9:25 am to OleWarSkuleAlum
quote:
The article states they do $2B in revenue a year. I'm not sure what their fixed operating costs or costs in general are, but they have a low overhead I would assume.
Uber operating at a big loss
quote:
They show operating losses of more than $100m (£65m) in the second quarter of 2014, albeit coupled with steady growth in revenue.
In a statement, the company hit back at reports but did not deny them."Shock, horror, Uber makes a loss," it said.
"This is hardly news, and old news at that," it added. "It's a case of business 101: you raise money, you invest money, you grow (hopefully), you make a profit and that generates a return for investors."
like i said earlier, Uber is still in its infancy trying to establish a model that will realize profits. adding in all of these costs (employee status, namely) will basically destroy the ability of Uber to ever make profits
3
Posted on 12/12/15 at 9:26 am to CRAZY 4 LSU
nice 
Posted on 12/12/15 at 9:28 am to SlowFlowPro
I would also argue, regardless of the fact they win the substantive argument, a ruling against Uber would be bad from a public policy perspective. This would basically end them, and the "employees" wouldn't have any benefits they want, and Uber provides an incredible service to the consuming public.
This post was edited on 12/12/15 at 9:28 am
Posted on 12/12/15 at 9:28 am to SlowFlowPro
uber is a 5 year(?) startup so those numbers are staggering.
amazon facebook, etc (granted, different business models) never came close to $10B in revenue by year five.
amazon facebook, etc (granted, different business models) never came close to $10B in revenue by year five.
This post was edited on 12/12/15 at 9:32 am
Posted on 12/12/15 at 9:29 am to SlowFlowPro
$100m loss for the quarter is huge. They won't be able to withstand the legal onslaught that is about to hit them in the United States let alone their fight internationally.
Posted on 12/12/15 at 9:30 am to CRAZY 4 LSU
quote:
Uber provides an incredible service to the consuming public
That's a little bit extreme.
Posted on 12/12/15 at 9:31 am to CRAZY 4 LSU
quote:
a ruling against Uber would be bad from a public policy perspective. This would basically end them,
that's what they want
the public policy argument in places like San Fran is one against Uber, which is why the judge had to rely on such bullshite reasoning
using Unconstitutionality means a judge didn't have the law or facts and is making a political decision based off emotion. it is a completely nebulous legal term that's basically a "get out of jail card" for progressives who don't have the law or facts on their side.
Posted on 12/12/15 at 9:34 am to OleWarSkuleAlum
quote:
That's a little bit extreme.
i don't think so. it's a completely new business model that has kickstarted the sharing economy, creating all new avenues for the method
think about the development in technology in terms of just connecting people and services to cut out operational costs that affect the prices of those services, and realize how big of a step forward Uber was
this is bigger than just Uber
Posted on 12/12/15 at 9:34 am to SlowFlowPro
What I'm confused about here is suing Uber in class action form will result in a minimal payout to the driver. And put them out of a job.
What does this accomplish?
What does this accomplish?
Posted on 12/12/15 at 9:36 am to OleWarSkuleAlum
Uber should just fold up. Tell the drivers to pound sand.
Posted on 12/12/15 at 9:37 am to SG_Geaux
quote:
So a few idiots are going to ruin Uber for all of us.
Not a few idiot uber drivers, a few greedy lawyers who saw money signs and convinced these idiots to file.
Posted on 12/12/15 at 9:37 am to Golfer
quote:
What does this accomplish?
well 2 things
1. from the contractor POV, they have the simple-minded progressive analysis that nothing will change in the model and they will keep being able to take advantage of all the benefits of contracting with a company like Uber, while getting all the new benefits they seek. they don't think in terms of "oh this will kill Uber and eliminate the possibilities" and if that does happen they already have a spin-response ready "Uber is just being greedy and cares more about the bottom line than its employees"
2. statists supporting the status quo want to crush new technology that changes the paradigms. these groups hate ideas like Uber b/c they attack traditional industries that are regulated and "play the game" with regulators. authoritarians seek power and killing technology that threatens their power grab accomplishes this
Posted on 12/12/15 at 9:38 am to Golfer
quote:
What does this accomplish?
The labor unions run them out of business. That is the end state.
Posted on 12/12/15 at 9:41 am to OleWarSkuleAlum
This suit is made possible by our antiquated tax code.
Take that old nag out back and shoot it.
Take that old nag out back and shoot it.
Posted on 12/12/15 at 9:43 am to OleWarSkuleAlum
quote:
The labor unions run them out of business. That is the end state.
Labor unions and the people who support them.
quote:
The AFL-CIO is one of the highest-spending and most politically active unions.
This post was edited on 12/12/15 at 9:45 am
Posted on 12/12/15 at 9:46 am to OleWarSkuleAlum
quote:
"has control or the right to control the worker both as to the work done and the manner and means in which it is performed."
So uber says, work when you want, where you want, pick up the passengers you want, for the routes you want. Seems pretty cut and dry to me.
Posted on 12/12/15 at 10:00 am to Turbeauxdog
quote:
So uber says, work when you want, where you want, pick up the passengers you want, for the routes you want. Seems pretty cut and dry to me.
From the article in the OP the lawyer addresses this exact issue stating...
quote:
Drawing on the same logic as the labor commission, Liss-Riordan has argued that since Uber can fire its drivers, compel them to accept a certain portion of rides, and enforce workplace standards, it effectively operates as an employer under California law.
Posted on 12/12/15 at 10:07 am to OleWarSkuleAlum
quote:
Potentially 160,000 and that's only one state.
There's probably a handful of die hard employees pushing this. The vast majority were told "hey, we are filing a law suit, if we lose, you keep your job and nothing changes. If we win, you get more money. Want to sign up? All we have to do is put your name on a list."
Posted on 12/12/15 at 10:09 am to OleWarSkuleAlum
Which is why I don't see this getting out of California - but sfp probably has better insight than most
Posted on 12/12/15 at 10:12 am to OleWarSkuleAlum
quote:
That Little Lawsuit Against Uber Just Got Bigger — And Could Take Them Down
I really, really, hate a f'ing liberal that always has their hand out begging for someone to "give" them something for free!
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