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The New York City Council cap on ridesharing vehicles from Lyft and Uber to curb congestion may effect Uber’s valuation, as well as the taxi industry.

Ride Sharing Capped in NYC

   

In this episode of TechTalk, we look at New York City’s proposed annual cap on the number of ride-sharing vehicles, such as Uber and Lyft. Learn who the winners and losers are, the cap’s scope, as well as the larger implications for this unique urban initiative. 


Transcript

Dave Plaskow: Hello and welcome to the EisnerAmper Technology podcast series. With more than 500 technology clients, we're always interested in the latest industry trends and developments as well as any related business and accounting opportunities and challenges. Today's topic is New York City placing a cap on the number of ridesharing vehicles for services like Uber and Lyft. I'm your host, Dave Plaskow, and with us today is Dave Katz, Senior Manager in EisnerAmpers's Technology and Life Sciences Practice. We like to call this The Dave and Dave Show. Dave, welcome and thanks for being here.
Dave Katz:Thanks Dave. Good to be here.


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John Pennett has public accounting experience with a strong emphasis on life sciences companies. Member New Jersey Society of Certified Public Accountants and New Jersey Technology Council and advisory board of eLabs.

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