Drizly, Uber, and a Boston startup's fate
The dream of building a great local consumer-tech brand that started in a Boston College dorm room would die in a California board room.
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The dream of building a great local consumer-tech brand that started in a Boston College dorm room would die in a California board room.
Uber paid $1.1 billion for the Boston firm in 2021. It will close at the end of March.
The need for Drizly has fallen - for both Uber who once needed it to prop up revenues and for Americans who are going out a lot more and not drinking at home like they did in the pandemic.
Drizly, an alcohol delivery service with Boston roots, will be winding down their services through the end of March, the company announced Monday.
Boston-based startup Slate, cofounded by college friends Manny Lubin and Josh Belinsky to create a healthier version of the classic chocolate milk, hit a rough patch shortly after it started.