I never understood the model behind these mobility sharing startups… Nearly every metropolitan mobility sharing system we’ve had so far operates at a loss and

I never understood the model behind these mobility sharing startups… Nearly every metropolitan mobility sharing system we’ve had so far operates at a loss and is heavily subsidized by the city or local government. The pricing is also out of whack compared to the cost of a scooter as after about one month of daily commute use you get to the price of a scooter and in some places even faster than that.