Cool Startups By College Students
Building a company with staying power was important to Ericson, so he and his co-founders, James Perkins, 25, and Jason Meinzer, 26, opted to incorporate CityRyde as a for-profit entity when it launched in 2007. “You have to make green to go green,” Ericson says. “We knew we needed to have a model that allowed us to sustain the business while still helping us save the environment.” After a year of planning and development, Philadelphia-based CityRyde has positioned itself as an authoritative bike-sharing consulting firm, offering services to companies across the U.S. and projecting sales of $1.1 million this year.
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