https://pitchbook.com/news/articles/tiger-global-closes-biggest-venture-fund-of-the-decade https://pitchbook.com/news/articles/tiger-global-closes-bigg... If y

https://pitchbook.com/news/articles/tiger-global-closes-biggest-venture-fund-of-the-decade https://pitchbook.com/news/articles/tiger-global-closes-bigg... If you throw in NEA's new fund, that's five funds where $300M is less than 10% if they did the whole round, and if the economics are great, a bunch of growth equity funds. It's crazy to me that you'd invest that much without having more data on the unit economics given none of these companies even have an advantage on making the underlying scooter. The more scooters you have and the more market share you have, the faster your bleed money. If the unit economics were great with off the rack scooters, what's to stop Lyft/Uber from adding a scooter option given they already have the demand side of "trying to get somewhere"?