> RideAustin is a community driven nonprofit ridesharing company founded by local entrepreneurs. The RideAustin launch team is led by Joe Liemandt, a longtime Austin tech entrepreneur, and Andy Tryba, CEO of Crossover. It is powered by donations, with paid and volunteer hours from both the Austin tech community and the broader Austin community working together.
So it's a non-profit, with volunteers ("volunteers"), who can get a stipend.
Sounds like a legal fiction, but I'd need to know more about how much they pay, how much money the founders make, etc. The cynic in me says it's the same shit but marketed better and not publicly traded, but there may be some genuine benefits.
> RideAustin is a community driven nonprofit ridesharing company founded by local entrepreneurs. The RideAustin launch team is led by Joe Liemandt, a longtime Austin tech entrepreneur, and Andy Tryba, CEO of Crossover. It is powered by donations, with paid and volunteer hours from both the Austin tech community and the broader Austin community working together.
So it's a non-profit, with volunteers ("volunteers"), who can get a stipend.
Sounds like a legal fiction, but I'd need to know more about how much they pay, how much money the founders make, etc. The cynic in me says it's the same shit but marketed better and not publicly traded, but there may be some genuine benefits.