Lived in France for some time, and bike sharing works fairly well. From time to time I've seen vandalized/bad condition/abandoned bikes, but never at the scale

Lived in France for some time, and bike sharing works fairly well. From time to time I've seen vandalized/bad condition/abandoned bikes, but never at the scale described in this article. You authorize something to the tune of 150€ charged from your credit card if bike is not returned on time, which eliminates extreme carelessness. So this is clearly a problem with implementation and said startups, not the sharing economy. There are people who behave like that everywhere.