Uber and Lyft settle with New York but there's so much more to the story

We think everyone missed the real story of the Uber/Lyft settlement with New York. And Uber took advantage of so many legal fracases to pull another stunt.

Nov 20, 2023

∙ Paid

I like writing about Uber and Lyft. The ongoing saga of their “innovative” business model, and the “innovative” accounting that accommodates it, provides me with more fodder for analysis than I can keep up with.

First, some background

Early on, media reporting of pre-IPO Uber and Lyft irked me. The WSJ and others would dutifully report unaudited numbers f…

The Dig

Uber and Lyft settle with New York but there's so much more to the story

We think everyone missed the real story of the Uber/Lyft settlement with New York. And Uber took advantage of so many legal fracases to pull another stunt.

This post is for paid subscribers