In the mix: Precursor Ventures Fund III, Hustle Fund II and Insight Partner’s first Opportunity Fund. A previous piece of state legislation and related lawsuit would have required the companies to classify many drivers as full-time employees. Editor’s note: Get this free weekly recap of TechCrunch news that any startup can use by email every Saturday morning (7 a.m. The US presidential election of 2020 has been the most technologically sophisticated ever, but I’m gonna skip because there are relatively few startup angles for us here. As a result, Uber and Lyft stocks soared, while gig worker collectives said that the fight is still on.
Editor’s note: Get this free weekly recap of TechCrunch news that any startup can use by email every Saturday morning (7 a.m. PT). Subscribe here.
The US is settling in for some new form of national gridlock, but state and local propositions are busy defining how technology businesses will be allowed to work (legally) in the US. Policies on topics as broad as customer usage and employment or as narrow as a drug chemical got the vote across...
Read the full article @ Techcrunch