Lyft and Uber say they will leave Minneapolis if the mayor signs a minimum wage bill for drivers::Lyft and Uber threatened to stop doing business in Minneapolis after the city council adopted a new rule Thursday that would set a minimum wage for rideshare drivers.
We criticize, but I don’t think public transit evolves in a vacuum. People obviously wanted systems like Uber and Lyft, looking at their popularity and mass adoption. I don’t think we can rely on public institutions to finance the risk to see if a market exists for every improvement though.