Great story on the obscene amount of effort it takes an Uber driver to make $40,000 per year--and still not get by.
He has racked up more than 25,000 trips as an Uber driver. He's got a 4.93 rating. But as insiders prepare to cash in on Uber's public offering, he’s barely getting by.
The slaves of Uber: drivers eek by to give the bosses a chance to become obscenely rich.
“Silicon Valley has always been a lottery where immense wealth is secured by a few while everyone else must hope for better luck some other time. Rarely, however, has the disparity been on such stark display as with Uber.”
Well put. Reminds me of this quote from a long-time driver: "That was Uber’s big innovation — make the drivers absorb the overhead.” The overhead and maintenance costs are crippling for many full-time drivers.
"Uber’s [IPO] will make a bunch of people remarkably rich. Peter Ashlock is not one of them, although he has toiled for the ride-hailing company almost since the beginning." by David Streitfeld
He Has Driven for Uber Since 2012. He Makes About $40,000 a Year. via
Silicon Valley has always been a lottery where immense wealth is secured by a few while everyone else must hope for better luck some other time. Rarely, however, has the disparity been on such stark display as with Uber
The actual wages Uber drivers earn will get even more scrutiny when the IPO happens. Of course is on it