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Legals
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4 responses to “Legals”
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Florida’s Statutes on Transportation network companies:
http://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&URL=0600-0699/0627/Sections/0627.748.html -
Oh no! Lyft and Uber are leaving Minneapolis due to the minimum wage law! What will they do? In other news, three startup companies are being worked on in Minneapolis. It isn’t that hard to make a GPS-based app to do make a ride share service to work.
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A startup also needs a massive amount of money to purchase the state mandated $1,500,000 commercial insurance policy.
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Lyft and Uber raised billions of dollars when they first started. I’m sure someone can figure out how to raise $1.5 million in comparison. Or get a government grant if Uber and Lyft are actually serious about leaving. By the way, Rideshare companies already exist in other states.
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