4 ms·
Shared scooters don't last long
- yazr 8y agoLouisville, Kentucky data indicates scooters last about 1 month. Average 3 rides per day, so scooter is idle 90% of time. Recharging is a massive 40% of ride cost. Credit card another 10%. So it is currently a huge, lasting money pit. But it can improve operating metrics, and become massively profitable. Enter VC with preferred share clauses..
- jaclaz 8y agoPrevious HN: https://news.ycombinator.com/item?id=19261590 https://news.ycombinator.com/item?id=19261590