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The bicycle is a 80/20 solution, but it's hard to make VC-level money in the business. Plus, a few more decades of high-tech short-distance personal transportat
by jarek 12y ago
The bicycle is a 80/20 solution, but it's hard to make VC-level money in the business. Plus, a few more decades of high-tech short-distance personal transportation and we'll all look like in Wall-E and the bicycle will become 20/80.
- tlb 12y agoDon't dismiss it out of hand. The world bicycle market is $70B/yr. A Silicon Valley company, Specialized, makes $500M/yr revenue. If you had the next thing that millions of people would commute short distances on, there's more than enough potential for VC.