Why Don't Uber Drivers Own Shares? Now They Could

As early as 2017, executives at the ride-sharing platform Uber reportedly met with US Securities and Exchange Commission officials about granting company stock to their independent-contractor drivers.

By February 2019, the Wall Street Journal reported that, with their initial public offerings approaching, Uber and its competitor Lyft found a way to ... See more

What if instead of a business model in which Uber investors stand to profit off the success of the platform, the drivers and riders profited as well?

As a result, both drivers and riders would be incentivized to provide valuable feedback to Uber’s product and operations teams to consistently enhance the user experience. They would also enthusiastically grow the network, given that they stand to earn more ownership and income as it expands.