Gig Economy Workers Rejoice

The workers that power the gig economy have been under assault.  First, there was the California bill that basically put them out of business or forced them to move out of state.  Then, COVID19 hit ending a lot of their gigs.

When my daughter moved to LA I was surprised how much of the entertainment industry basically runs on the gig economy. Thousands of independent entrepreneurs that work together to get stuff done.  It’s pretty amazing really and shows how the market system really works.

There is hope for the gig worker from one of our portfolio companies, Kover.  Kover has partnered with Wonolo to offer different kinds of insurance to gig workers that work with Wonolo.

That means you can get income insurance if you are a rideshare driver.  You can get all kinds of insurance.  Kover uses blockchain to create it.

Kover’s written thousands of policies already.  If you are a gig worker, check it out.