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That’s what I first thought as well. They’ve literally bought their way back into the SF market after being snubbed.
by spyspy 7y ago
That’s what I first thought as well. They’ve literally bought their way back into the SF market after being snubbed.
- alexeichemenda 7y agoHa - first thought come that came to my mind. I wonder if SF city council will appreciate this move. If this was a purely "permit" driven acquisition, I'm surprised Bird won the bidding price vs the larger scooter companies. If this was for the technology (including the lock), then I'd be curious if this really adds value to Bird (as a comment below explains it very well, scooters can be profitable within 2 weeks so a % of theft is acceptable)
- spyspy 7y agoI’d expect to see more consolidation in the market in the next few years as Bird/Lime/Uber/Lyft gobble up the smaller players.
- Jommi 7y agoNo way they can be proftiable ın 2 weeks. Where did you read that?
- spyspy 7y agohere’s an article on the economics. it doesn’t assert 2 weeks but it might not be wildly far off https://qz.com/1325064/scooters-might-actually-have-good-unit-economics/ https://qz.com/1325064/scooters-might-actually-have-good-uni...