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Not only is there no network effect, but capital cost and cost of market entry is very low. Unless Bird's ultimate goal is to block competitors by lobbying citi
by partiallypro 8y ago
Not only is there no network effect, but capital cost and cost of market entry is very low. Unless Bird's ultimate goal is to block competitors by lobbying cities or licensing to cities like some bike sharing companies do limiting competition, which is entirely possible.
- drewmate 8y agoIn many ways, it seems very similar to the taxi industry, which only seems to be as profitable as it is (in addition to safe and reliable) thanks to regulation and a sanctioned geographic monopoly. Somehow I doubt such a monopoly will be granted to a single corporation like Bird, though perhaps there is another path to viability.