Lyft decided to suspend its rideshare service in California after being ordered to account for drivers as employees. Uber may be next. It is unlikely that Uber or Lyft could ever operate profitably were they both forced to account for all drivers as employees. In equity and fixed income analysis we have the "consolidation" principle … Continue reading Lyft Tapped Out In California. Uber May Be Next.
If a 2020 version of Sergio Leone were to make a movie using our title it would tell the tale of how Texas is becoming the Technology capital of the United States. California's punitively high state income tax rates and regulations (CA isn't the only offender), have paved the way for Technology companies - and … Continue reading Once Upon A Time In The Southwest
Effective leaders whether they be hired CEOs, entrepreneurs, school teachers or physicians create opportunities through action. Elon Musk did just that this week. We don't often side with Mr. Musk but have been in lockstep with him during this COVID period. Mr. Musk, Tesla (tkr: TSLA), co-founder and CEO recently reopened Tesla's Fremont, CA manufacturing … Continue reading Leaders Create Opportunities