Welcome to Texas ProRata, where we take just 10 minutes to get you smarter on the collision of tech, business, and politics.

Presented by Bridge Bank. Be bold. Venture wisely. I'm Dan Permac. On today's show, what's next for WeWorks IPO and DC's turf battle over big tech?

But first.

Union!

Unity!

Mighty, mighty, Union!

Mighty, Marty, Union!

So that sound is some of the tens of thousands of General Motors Auto Workers who walked

off the job yesterday, arguing that they aren't being fairly compensated in light of GM's

record profits.

In short, auto workers believe that they made big con fairly compensated in light of GM's record profits. In short,

auto workers believe that they made big concessions after the financial crisis in order to help

GM claw its way out of bankruptcy, and now that the good times are here again, they want a bigger

piece of the pie. Why it matters for GM, an estimated $50 million per day in lost revenue,

as its plants sit idle. Why it matters for the United

Auto Workers Union, the organization has been beset by scandal and needs to regain the trust of its

members. And why it matters for those members is that it's the most hopeful moment for consequential

leverage in over a decade. Why it matters for politicians? Well, it's catnip. President Trump

isn't taking sides, but lots of his Democratic rivals are.

Biden, Sanders, Warren, Harris, Booker, Buttigieg, Castro, et cetera, are all siding with

the UAW over GM, with Sanders going so far as to call the automaker greedy.

What's notable, however, is we don't actually know yet what GM has offered or what the UAW has countered

...