On: Lyft Raises $530M in Fight with Uber

[downandout]

I said that some drivers are making that much. This is anecdotal, but here is an interview with a Lyft driver (in front of Lyft's CEO) saying that she was surprised that she was making $300/day ($90K/yr....relatively close to the $40/hr you claim a junior web developer makes in SV when they have work):

http://www.bloomberg.com/news/videos/2015-03-06/heard-lyft-w...

[zaroth → downandout]

A) $300/day is not 90k/yr unless you are working 6 days/week and 2 weeks off the whole year.

B) There are significant direct costs that come out of that $300, it is not even $300 before taxes, it's $300 at the top of a Schedule C.

I think many of these drivers simply have not done the math.