Pedicabs: the new taxis?
A mode of transportation characteristic of the Big Apple will find a home this summer in the Elm City: pedicabs.
Yale Cycling Team member Jongwook “Wookie” Kim ’09 plans to establish a pedicab business — tricycles fashioned into carriage-like cabs — in New Haven, an idea born from a class project last semester in which students were given a $50,000 hypothetical grant to establish a business within a mile of the Yale campus.
Tentatively named CaBike, Kim’s proposed business, established in partnership with a School of Management graduate and School of Medicine freshman, is...
Just a clarification- I said that I did not expect to make a profit - I was not speaking about the new venture in New Haven. In fact, I said that, due to the population and number of people who travel to New Haven, that they had a better chance of succeeding than I do.