Tag Archive: Stock

IPO Stock Ownership Won’t Create Loyalty for Lyft and Uber Drivers

by Michelle Bomberger | April 18, 2019

Rideshare companies Lyft and Uber have announced stock ownership opportunities for their drivers as part of their IPOs this spring. In an effort to build driver loyalty, the programs offer the drivers cash bonuses that allow them to subscribe to shares of the company’s stock in advance of the IPO. This is an unusual structure... View Article

Multi-Owner Businesses: Formalizing Owner and Employee Relationships

by Michelle Bomberger | May 28, 2016

We often have clients who are in business with others – commonly called “partnerships” even though they are more likely “members” or “shareholders” than partners — where all the partners are working in the business. The elephant in the room for many of these partnerships is whether the relationship will work and what happens if... View Article