Early Uber Investor on Delivery Wars

The video discusses the challenges faced by sharing economy companies regarding worker classification, with a focus on the potential shift from independent contractors to W2 employees. It highlights the political and regulatory influences, particularly the Biden administration's stance, and the potential cost implications for companies like DoorDash and Uber. The video also explores worker preferences for flexibility, the role of lobbying, and how venture capitalists consider regulatory issues when investing in early-stage companies.

What is the main concern of unions regarding worker classification in the sharing economy?

• Increasing company profits

• Gaining more members and union dues

• Reducing operating expenses

• Ensuring workers are independent contractors

How might the regulatory landscape change if Republicans win the White House in 2024?

• The rule classifying all sharing economy workers as full-time employees will likely be rescinded.

• The rule will be enforced more strictly.

• There will be no change in the regulatory landscape.

• The rule will be expanded to include more industries.

Why do many independent contractors resist becoming full-time employees?

• They are concerned about job security.

• They want to join unions.

• They value the flexibility of choosing their work schedule.

• They prefer the stability of full-time employment.

What additional questions do VCs at I Touch Ventures ask when considering an investment?

• Is there a significant regulatory issue or opportunity?

• What is the company's current market share?

• What is the company's annual revenue?

• How many employees does the company have?

Which company did I Touch Ventures help by legalizing electric scooters?

• FanDuel

• Bird

• Lemonade

• Roman