3 ms·
That defeats the whole point of a private company, and take away most of the benefits. The thing with the scooter business is that there isn't really a moat for
by mym1990 4y ago
That defeats the whole point of a private company, and take away most of the benefits. The thing with the scooter business is that there isn't really a moat for it. Any number of players can come into the market(and they did) and just run the price down the bottom. But by that point a company can probably IPO and transfer the risk from the VCs to the public market.