“We’re very happy where demand is right now,” said Chris Jones, CFO of the company.
Buzz Rides was denied student government funding in 2014 after Student Congress the Safety and Security Committee from designating student fee money to for-profit companies.
Student Congress denied the funding because it confers money from student fees only to student organizations. Though it’s run by students, Buzz Rides is not a recognized student organization.
“The purpose of that fee is to support student organizations, not for-profits,” David Joyner, speaker of Student Congress, said.
Joyner said if a representative wanted to introduce legislation to change that law, the legislation would go through the same process as any other bill — but right now, Student Congress is more focused on representing all students than revising financial rules.
“We are pretty confident in our current financial regulations,” he said.
Joey Skavroneck, co-founder and CEO of Buzz Rides, said since the 2014 denial, they have not submitted another funding request.
“They’ve made it very clear on their platform that they don’t want to work with UNC entrepreneurs,” he said. “They like to play a lot of political games, stuff you’d see on House of Cards, and you know, we’re too busy making sure students get home safe and making sure we make a real impact here and leave a legacy here.”