In response to the news that NYC transportation startup and New Lab member JUMP Bikes has been acquired by Uber, Tech:NYC has issued the following statement:

“Today's news that JUMP Bikes has been acquired is further proof that all kinds of companies can—and do—succeed in New York. Our city offers entrepreneurs access to many different industries and a pool of diverse tech talent. When you bring these elements together, it results in a culture ripe for innovative companies, like JUMP."

-Julie Samuels, Executive Director, Tech:NYC