“We ran out of money,” said CEO Doug Aley, 37, who took the reins in November from founder Nick Allen. “This is a capital-intensive business from driver recruitment to customer acquisition.”

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April 15, 2016

Bad news Uber for kids Closing up on Friday

Uber-for-kids service Shuddle shutting down. CEO: "We ran out of money." By @csaid: https://t.co/sSv28IgLN4 pic.twitter.com/aF2TxXOsCg — Ellen Huet (@ellenhuet) April 15, 2016 “We ran out of […]