U-Ryft Gears Up For IPO; Taxi Service Really Feeling The Pinch
SAN FRANCISCO, CALIFORNIA - The rideshare space just got more competitive - and complicated - as U-Ryft is joining the fray.
U-Ryft, located just a few blocks from Uber's San Francisco headquarters, believes the market for transportation services is still in its infancy.
"People are going to love our company," said Gregory Karvas, CEO of U-Ryft. "We offer more personal service and the pool of potential transporters is almost unlimited."
Unlike rivals Lyft and Uber, U-Ryft is looking far past the automobile.
"I was at the park near my house and it hit me," said Karvas. "I was watching people on skateboards, bicycles, and even hoverboards. They were zipping around and I thought to myself 'Greg, you can make this happen.' And I did!"
Some of the details released by the company include requiring back-pegs on bicycles so that passengers can have a place to balance themselves, while hoverboards and skateboards will have wheeled sleds behind them that will enable these mini-vehicles to function as modern-day rickshaws.
U-Ryft will even have a piggy-back ride division, where carriers will be fitted with a special harness in order to help keep passengers safe as they are moved from one destination to the next.
"This is the next big thing," said Kyle Kelso, one of the first carriers to sign up for the service. "I've made more money than I did with Uber or Lyft, and I don't have to worry about insurance or gas."
Kelso said that the idea of offering piggy-back rides really appealed to him. "It's great exercise and there's a lot more time to talk to your fare."
Damon Shoulson, a 15-year old sophomore at Bayview High School noted that unlike Uber and Lyft, U-Ryft has no age restrictions on providers. "I never thought I'd be able to make money with my skateboard. I'm even trying to get my 4-year old nephew into the company with his Big Wheel."
TrendSmasher contacted Uber and Lyft for a statement regarding U-Ryft, but both companies declined to comment.
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The Valley Report