Lyft drivers question company's future as a public company

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Lyft drivers question company's future as a public company
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Lyft drivers question the company's future as a public company

New York As Lyft becomes a public company, there's one group of people that faces an uncertain future: its drivers.

Lyft, like Uber, built its business on the backs of drivers. Just this week, as Lyft was on its IPO roadshow, drivers for both Lyft and Uber organized a strike in Los Angeles over recent pay cuts. At the same time, the company is fighting the implementation of a first-of-its-kind minimum wage law in New York City -- and the debate over the classification of on-demand workers as independent contractors, and what that entitles drivers to, remains a heated issue.

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