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04-20-2016, 06:54 PM
Uber for failure: How on-demand startups crash and burn
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The text message almost broke Debora McGlynn's heart.
For nearly two years, McGlynn had relished the opportunity to take*children to and from school as a part-time driver for Shuddle, a much-hyped startup that quickly raised $12 million with the promise of helping unburden busy parents.*
Shuddle launched with a flurry of press in early 2014 and kickstarted what was quickly dubbed the "Uber for kids" market.*To some, it sounded like yet a**ther on-demand company raising millions of dollars by lifting a page from Uber's playbook. For those like McGlynn,*a retired 911 dis*****er and single mother who raised three kids, that pitch hit a nerve. Read more... (http://mashable.com/2016/04/20/uber-for-failure/)
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The text message almost broke Debora McGlynn's heart.
For nearly two years, McGlynn had relished the opportunity to take*children to and from school as a part-time driver for Shuddle, a much-hyped startup that quickly raised $12 million with the promise of helping unburden busy parents.*
Shuddle launched with a flurry of press in early 2014 and kickstarted what was quickly dubbed the "Uber for kids" market.*To some, it sounded like yet a**ther on-demand company raising millions of dollars by lifting a page from Uber's playbook. For those like McGlynn,*a retired 911 dis*****er and single mother who raised three kids, that pitch hit a nerve. Read more... (http://mashable.com/2016/04/20/uber-for-failure/)
More about Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Startups (http://mashable.com/startups/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Uber (http://mashable.com/category/uber/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://ad.doubleclick.net/ad/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1461163406 (http://ad.doubleclick.net/jump/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1461163406)http://feeds.feedburner.com/~r/Mashable/~4/HWy6W9jKR7c