New: real-time bank account data show total blue-collar worker income across the U.S. fell 35% in the two weeks ended April 3. Source: @thesteadyapp
While DoorDash & Uber Eats orders surge, people handling deliveries have seen average weekly incomes *drop* 13% because of too many drivers and reduction in bonuses prevalent before Covid-19. Translation: labor is cheaper.
Of the 51,000 workers that connect their bank accounts to a Steady, 9,000 of them had zero weekly income by the week ended April. That’s 18% of blue collar workers earning nothing.
Getting a LOT of feedback on this article today so figured I'd explain the genesis and main points... [thread] theinformation.com/articles/how-k…
After Uber IPO, current/fmr employees & investors have obsessed over lots of what-ifs. What if Kalanick had saved his job? What if he'd listened to investor Bill Gurley about prepping for IPO? Would an earlier IPO have led to better outcomes? I sought consensus...
...among lots of people on both sides of the fight and found plenty! Especially on what other founders & investors of fast growing companies can take away from the Uber story.
NEW: exclusive data on 🚕🚘Waymo🚖🚗 self-driving car performance in Phoenix. We just finished a big reporting effort… (1/6)
...And learned Waymo’s ops chief Rocky Garff (pictured) said privately that by end of 2019 Waymo wanted to be competitive with Uber/Lyft in Phoenix.
...which is a useful yardstick to hear about. As former Uber/Uber ATG PM Shalin Mantri (@shamantri) puts it, a typical Uber experience is pretty darn good/efficient for passengers. Teaching a robot to meet that high standard...well, good luck.
Exclusive: Waymo's "driverless" cars are no longer driverless. Company has put back a human "safety" driver behind the wheel of its most advanced vans: theinformation.com/articles/waymo…
Remember the video last year about the first fully automated vehicles? During subsequent tests, a waymo test driver would be in the passenger/back seat. Now that has changed.
We also found out where these most advanced prototypes are being tested (the approximate map is in the article). It's a relatively small chunk of Phoenix burbs—roughly 60 square miles, or 5%. (this is a teaser)
...in suburban Phoenix starts here, at a T intersection at East Fairview St. and South 56 St., the closest one to Waymo’s vehicle depot in Chandler. Waymo’s vans sometimes have trouble finding a gap in traffic to turn left, frustrating people who say they get stuck behind them.
But even turning right in the intersection is not always simple. A local worker told me that this month, she was turning left to Fairview, expecting to follow a Waymo van already in the middle of his turn—a maneuver she said she’s done countless times with non-Waymo cars.