Taxi medallions used to be a great investment for cab drivers. Then the ride-share companies came along — and thousands of medallion holders each lost hundreds of thousands of dollars in equity.

Taxi medallions used to be a great investment for cab drivers. Then the ride-share companies came along — and thousands of medallion holders each lost hundreds of thousands of dollars in equity. https://t.co/pGXK3wymeL

— NPR (@NPR) October 16, 2018