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Why Was Seattle Specifically Mentioned in Uber S1 Filing

Was it because of Seattle's attempt to regulate ride sharing and scooters, or was it because Uber has a growing engineering presence in Seattle? No. Uber mentioned Seattle in S1 filing because jurisdictions like Seattle are likely to pass minimum wage requirements and to permit drivers to negotiate their wages, which is a huge issue for their business.

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Unicorns, IPOs and the next tech giants ·

GeekWire

More from this episode

  1. What Is a Unicorn Startup, as GeekWire Uses the Term?A company valued at $1 billion or more. On GeekWire, John Cook and Todd Bishop use that line as the threshold for a giant startup that might later go public.
  2. Why Is Lone Pine Capital Investing in Seattle Startups?Lone Pine Capital is an American hedge fund headquartered in Greenwich, Connecticut.

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