This does not spell doom for these companies to me. 1. These companies are focusing on growth, not cutting costs. Which is normal, rational and understandable.

This does not spell doom for these companies to me. 1. These companies are focusing on growth, not cutting costs. Which is normal, rational and understandable. They can afford to lose huge amounts of money with the funding they have and the cost of not expanding as quickly as possible means automatic failure 2. Clearly there is a lot of demand for the scooters. So if they can design a scooter with better durability and lower cost (becomes easier at scale) they can get the profitability up pretty quickly 3. There may be other revenue opportunities down the line for the company who wins the market. Monetize customer data, ads on the scooters, maybe businesses would pay to have scooter hubs around them etc etc (I don’t know exactly but it’s not hard to imagine that these companies will find other ways of upping revenue per ride) 4. Once there is less competition and more consolidation in the market they can potentially raise prices, if only slightly