Uber Competitor Sidecar Has Ceased Ridesharing Operations

Discussion in 'Other Car Rental Programs' started by sobore, Jan 4, 2016.  |  Print Topic

  1. sobore
    Original Member

    sobore Gold Member

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    http://www.travelpulse.com/news/car...idecar-has-ceased-ridesharing-operations.html

    With the start of the new year, the pool of ride-hailing options just got smaller — Uber/Lyft competitor Sidecar has ceased ridesharing and delivery operations.

    Announced by co-founders Sunil Paul and Jahan Khanna in a Medium post, the duo were quick to say in the statement that it isn’t the end of the company, and they will “work on strategic alternatives and lay the groundwork for the next big thing.”

    The Sidecar founders expressed pride in being “the innovation leader in ridesharing despite a significant capital disadvantage, continually rolling out new products that set the bar for others to follow.”

    Read More: http://www.travelpulse.com/news/car...idecar-has-ceased-ridesharing-operations.html
     
  2. satman40

    satman40 Gold Member

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    "The Sidecar founders expressed pride in being “the innovation leader in ridesharing despite a significant capital disadvantage, continually rolling out new products that set the bar for others to follow.”

    Talk about spin, I hate to see any business fail, but to say they set the bar for others to follow, bring out a real chuckle

    Brandson put 35 million in this venture, that is not a disadvantage, consider they are using other people's vehicles....

    It is a tough world out there...
     
    sobore likes this.

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