Please, this is just click bait. The startups cited in this article are just series A companies bleeding money. A very unsubstantiated article. It's the same thing as when that one Uber driver in California was declared an Employee, there was a slew of news articles saying it was uber's downfall. But if you actually read the coverage of the case, you'd see that that court case applied to that driver and that driver alone and has not really had any repercussions through now. Then again I guess Time.com isn't the go to place for tech journalism, but still it's just not good journalism to speculate like they do in this article.