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The job didn’t come out on its own – “He encourages you to treat people like products,” he says, but it was a job he could do without a college degree. His mother, who was splitting his time between Beijing and San Francisco, began buying houses as an investment. Fang tried to help get the business to process one of his loans. He also asked her to borrow him for his place. Fang was 22 years old and earned $ 40,000 after bonuses, but in 2004, he got an adjustable-rate mortgage for a $ 638,000 cookie cutter in a working-class neighborhood. His parents sided with the advance.
Four years later, in violation of the employee’s performance targets, he left the bank before being fired. 26 years ago, he returned to City College, this time enthusiastically. He immersed himself in philosophy, tried his hand at the waltz group, and won the election at the top student office, on the student board, with the intention of squeezing a transfer request to his dream schools, Stanford and Berkeley. Fang was on his way, leading the community college leadership to strengthen their leadership, lobbying the California legislature for his high school promise, directing a bachelor’s degree at the same stage as Nancy Pelosi. The guy who gets things done.
In 2010, when he only had a part-time concert at a pet store, he was also the type he used to miss on many monthly payments of $ 2,500 a month. His house did not deserve what he owed and in 2013 he was included in the Great Recession among the 10 million Americans who were put into execution. He was lucky again: his parents let him go to one of their investment homes without rent. Still, the mills — the misfortunes of money, college politics, secondary work — began to lower grades. The well-known shame is, “Forget your dream, you won’t get it.” So he says, “I left.”
On a trip to Beijing in 2013, Fang had a more fertile complication. His parents, who said they wanted to continue with his life, said their young son was married, and Fang “X missed the number of relationships and showed nothing,” she says. A young physiotherapist was invited to dinner. He was amazed at her smoothness and her college studies. They were in a relationship, and for months, through texts and calls, he was “super in love”. They started talking about marriage. He told her he was broken, a credit shot and that he wasn’t working. He said they would work. “I said to myself, ‘That’s him.'”
Fang took out more than half of the 401 (k) money in April 2014 to buy a Chinese wedding card. The intention was for the wife to eventually join him in San Francisco. But to prevent immigrants from becoming public officials, U.S. citizens need assets to protect visa applications. Fang figured it would take months, if more than a year, to raise enough money to bring his new bride to California. Shortly after returning to San Francisco, he found out that he was married but alone, that his wife was pregnant. Now, to protect the two people and keep their bank account empty, the process would take more time. He needed a job to save money and also to take free time to go to Beijing for a month of the year. What work would make that possible?
One day, while driving in Fang Union Square, a car with a Day-Glo mustache was gone. He googleed the “pink mustache.” While it was consumed by the politics of Fang City College, the city it took became a post-recession boom. Since Uber was founded in 2008, venture capital has been poured into the so-called demand-driven economy. Using freelancers to meet customer demand fluctuations, applications ordered food delivered, Ikea cabinets were assembled, dogs walked. Companies ’passion for drivers: In a busy city, they can also be entrepreneurs.
Fang just needed money. He climbed into his father’s 2002 Acura TL and opened the pink app. After driving for a couple of hours, he earned $ 71. “I was very comfortable with this job,” says Fang, “and I got it good quite quickly. ”In retrospect, that was precisely the problem.
3.
Initially, Fang was the driving force behind Lyft’s marketing fantasies. He allowed almost all walks for eight to 10 hours a day. Customers gave him five-star reviews: “Great guy. Very smart. ”He would have to wait half an hour, without paying, to finish a couple of sidewalks before climbing one of them. He handed out free bottles of water. He spoke amicably, played the classic station, and disguised himself as Batman for Halloween.
After a few months, Fang became more strategic. He divided the day into surfing for the morning and afternoon dams when the floods raised rates. From Thursday to Saturday he took the people of the bar home until dawn. Fang set a tight budget by holding a $ 3 Safeway burrito bowl or a $ 1.50 coastal hot dog and refreshment. He brought in $ 1,200 a week before the expenses, enough to live on without rent, to leave the money and send some to Beijing, where his wife went to her parents ’house. He visits her, usually for about two months at the beginning of the year and again in the fall for a month. The application, aligned with the passenger and his sharp weakness in a virtuous circle. I’m helping people. I’m making money. This will work.
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