https://www.vice.com/en_us/article/akddx8/proposition-22s-victory-shows-how-uber-and-lyft-break-democracy

Hours after Californians voted to pass Proposition 22, a ballot measure aimed at evading new labor protections that would force gig companies to reclassify their workers as employees, the law’s authors were already reaping the fruits of their unprecedented campaign.

Of the $203 million spent by the Yes on Prop 22 campaign, some $57 million was contributed by Uber and another $49 million by Lyft. By Wednesday morning, news of the results had rapidly increased the ride-hail companies shares prices and valuations by tens of billions of dollars in premarket trading. Uber saw a return on its spending of nearly 19,300 percent, while Lyft saw a more modest return of around 3,670 percent.