Sarah's Feed
Jun 18, 2015

In California, Uber driver is employee, not contractor – agency

By Sarah McBride and Dan Levine

(Reuters) – A driver for Uber is an employee, not a
contractor, according to a California ruling that eventually
could push up costs for the smartphone-based ride hailing
service and hurt the closely watched start-up’s valuation.

The California Labor Commissioner’s decision could ripple
through the burgeoning industry of providing services via
smartphones, with potential implications for other
“crowdsourced” services such as Uber rival Lyft, chore service
TaskRabbit, and cleaning service Homejoy.

Jun 18, 2015

In California, Uber driver is employee, not contractor

By Sarah McBride and Dan Levine

(Reuters) – A driver for Uber is an employee, not a contractor, according to a California ruling that eventually could push up costs for the smartphone-based ride hailing service and hurt the closely watched start-up’s valuation.

The California Labor Commission’s decision could ripple through the burgeoning industry of providing services via smartphones, with potential implications for other “crowdsourced” services such as Uber rival Lyft, chore service TaskRabbit, and cleaning service Homejoy.

Jun 17, 2015

Uber driver is employee, not contractor – Calif. Labor Commission

By Sarah McBride and Dan Levine

(Reuters) – A San Francisco-based driver for
smartphone-based ride-hailing service Uber is an employee, not a
contractor, according to a ruling by the California Labor
Commission.

The ruling, filed on Tuesday in state court in San
Francisco, was the latest in a host of legal and regulatory
challenges facing Uber and other highly valued start-ups in the
United States and other countries.

Jun 17, 2015

Uber drivers are employees, not contractors: California Labor Commission

By Sarah McBride and Dan Levine

(Reuters) – A San Francisco-based driver for smartphone-based ride-hailing service Uber is an employee, not a contractor, according to a ruling by the California Labor Commission.

The ruling, filed on Tuesday in state court in San Francisco, said Uber is “involved in every aspect of the operation.” It is the latest in a host of legal and regulatory challenges facing Uber in the United States and other countries.

Jun 17, 2015

Uber drivers are employees, not contractors -Calif. Labor Commission

June 17 (Reuters) – A San Francisco-based driver for
smartphone-based ride-hailing service Uber is an employee, not a
contractor, according to a ruling by the California Labor
Commission.

The ruling, filed on Tuesday in state court in San
Francisco, said Uber is “involved in every aspect of the
operation.” It is the latest in a host of legal and regulatory
challenges facing Uber in the United States and other countries.

Jun 11, 2015

Venture firm Greylock hires first female investment partner

SAN FRANCISCO, June 11 (Reuters) – Venture capital firm
Greylock Partners, which passed on the chance to invest in
Pinterest four years ago, is hoping to hit a bullseye by tapping
the online bulletin board for its first female investing
partner.

Greylock said Thursday it has hired Sarah Tavel, Pinterest’s
founding product manager. She joins as the technology industry
is battling a reputation for shabby treatment of women.

Jun 11, 2015

Kleiner Perkins partner Murphy leaves to join Menlo Ventures

SAN FRANCISCO (Reuters) – A Kleiner Perkins Caufield & Byers partner once viewed as a successor to firm leader John Doerr is leaving to join Menlo Ventures as a managing director.

Matt Murphy, who assumed notoriety earlier this year during the high-profile harassment and retaliation trial brought by former Kleiner partner Ellen Pao, will move next month to Menlo, both he and his new firm said. Menlo is known for investments including ride-on-demand service Uber, recently valued at $40 billion.

Jun 9, 2015

Intel pledges $125 million for start-ups that back women, minorities

SAN FRANCISCO (Reuters) – Following up on its earlier pledge to spend $300 million over the next five years to improve diversity, Intel Corp promised more on Tuesday, this time to back companies with women and minorities in leadership roles.

Intel Capital, the chipmaker’s venture capital arm, said it would allocate $125 million over the next few years to bring more management diversity to its start-up portfolio. Some of that sum will overlap with the previously announced $300 million, Intel said.

Jun 4, 2015

Madrona taps Amazon, Microsoft alumni for new 194 million pounds venture fund

SAN FRANCISCO (Reuters) – Seattle-based Madrona Venture Group said it has raised $300 million (194 million pounds) for a new fund, its sixth, drawing on the growing start-up community in the backyard it shares with Amazon.com Inc (AMZN.O: Quote, Profile, Research) and Microsoft Corp (MSFT.O: Quote, Profile, Research).

About half the entrepreneurs in its previous fund, raised three years ago, have worked at one of those two Seattle-area technology leaders, Madrona partner Tim Porter said. Those entrepreneurs benefit from Amazon’s and Microsoft’s diversification beyond their narrow beginnings.

Jun 4, 2015

Madrona taps Amazon, Microsoft alumni for new $300 million venture fund

SAN FRANCISCO (Reuters) – Seattle-based Madrona Venture Group said it has raised $300 million for a new fund, its sixth, drawing on the growing start-up community in the backyard it shares with Amazon.com Inc and Microsoft Corp.

About half the entrepreneurs in its previous fund, raised three years ago, have worked at one of those two Seattle-area technology leaders, Madrona partner Tim Porter said. Those entrepreneurs benefit from Amazon’s and Microsoft’s diversification beyond their narrow beginnings.