'Uber For Kids' Startup Shuddle Shuts Down

By Markets MarketWatch Pulse

Shuddle, a ride-hailing service for unaccompanied minors, is shutting down after failing to raise more venture funding. The Silicon Valley startup, which offered services similar to Uber Technologies Inc. or Lyft Inc. but meant for children, was hampered by news of impending doom for so-called unicorns, the chief executive told the San Francisco Chronicle, which exclusively reported the news Thursday. "My world has been colored by on-demand apocalypse headlines that littered the news over the past six to eight weeks when we were trying to raise rounds," CEO Doug Aley told the newspaper.

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