1099 economy growth and challenges
Post on 07-Apr-2017
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1099 Workforce
● Driver by day
● Task Rabbit jobs between rides
● Blog about the experience in the evening
GrowthFinancial Capital:$1.3B in VC invested
Independent contractors: 30% of workforce in 200640% of workforce by 2020
Payment ActivityRiders Use CC through Mobile App:
Percentage Fee + Flat Fee Per Transaction =
Est. $8 million/month in payment fees
Risk1099 workforce is redefining
traditional business structure, using
tech and payments platforms that
ensure trust
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