WeWork's Shrinking IPO Valuation Isn't Investor SoftBank's Only Major ProblemSoftBank is a key financier of gig economy firms that could face major new costs if a California labor bill becomes law.
Can Andrew Yang Win in 2020? Inside His Unorthodox CampaignNew York entrepreneur Andrew Yang has broken with a lot of traditional advice about campaign proposals, fundraising and public relations. And so far, it’s kind of worked.
New Labor Bill Passed by California Senate Would Transform the Gig Economy—And Could Cost Uber $500 Million a YearGiving employee status and benefits to workers in California would cost Uber and Lyft an additional $2,000 to $3,600 per driver annually, according to Barclays and Macquarie Capital.
This VC Firm Invested $200 Million in Slack. Now Its Stake Is Worth $4.6 BillionAccel Partners built the biggest VC stake in a newly public unicorn in recent history—by refusing to give up on Slack's founder.
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