The Drivers Cooperative CTO, Jaso...

The Drivers Cooperative CTO, Jason Prado

Alts by Horacio Ruiz
S1 · E10
Nov 27, 2021
46:15

Episode notes

Stefan sat down with Jason Prado from The Drivers Cooperative: a driver-owned ridehailing alternative to Uber & Lyft that is 100% worker-owned.

In the chat, we discuss:

  • The history of ridesharing in the US

  • The problem with Uber & Lyft

  • What a worker-owned cooperative is, exactly

  • How The Drivers Cooperative formed

  • How owner voting works in the cooperative

  • How profits are distributed among owners

  • Marketplace dynamics: How they manage supply & demand

  • The challenges of going up against Uber & Lyft

  • The mechanics of investing in their crowdfunding campaign

This episode was originally featured in the Alts newsletter issue: The Drivers Co-Op Ridehailing App

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Keywords

alternative investments
alternative assets
ridesharing
cooperative
uber
lyft
drivers cooperative