Lime shuts in 12 markets, lays off around 100
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Re: Lime shuts in 12 markets, lays off around 100
#2That's a blow. There's not a lot of companies employing divers in the gig economy.
Re: Lime shuts in 12 markets, lays off around 100
#3> He said that projection is based in part on improvements to Lime scooters' longevity, which in 2019 went from from six months to about 14 months.
That still seems like an incredibly short amount of time.
Re: Lime shuts in 12 markets, lays off around 100
#4Is this because you can't make money off short-term scooter rentals (Because the cost of providing this service is > what customers are willing to pay), or because other startups ate their lunch?
My wife is seriously considering a scooter (Even a non-electrified one) for her commute (2-3 days a week, 5 miles) - and I can't see a world where we'd rent one on the daily, as opposed to owning.
My uninformed guess is:
A problem with the rental model is the colossal inefficiency of having to pay people with cars and vans to drive around, and collect + charge scooters at the end of the day. This is a huge waste of resources and human time. Even with VCs p------ a firehose of money into the market, most of it ends up going to drivers, rather than customers.
Re: Lime shuts in 12 markets, lays off around 100
#5> He said that projection is based in part on improvements to Lime scooters' longevity, which in 2019 went from from six months to about 14 months. That still seems like an incredibly short amount of time.
14 months for the abuse these things take? I'm impressed they last more than 90 days to be honest.
Re: Lime shuts in 12 markets, lays off around 100
#6Is this because you can't make money off short-term scooter rentals (Because the cost of providing this service is > what customers are willing to pay), or because other startups ate their lunch? My wife is seriously considering a scooter (Even a non-electrified one) for her commute (2-3 days a week, 5 miles) - and I can't see a world where we'd rent one on the daily, as opposed to owning. My uninformed guess is: A p…
5 miles one way? Genuine question but why would you want to commute 5 miles on a scooter multiple times a week compared to a bicycle?
Re: Lime shuts in 12 markets, lays off around 100
#7Is this because you can't make money off short-term scooter rentals (Because the cost of providing this service is > what customers are willing to pay), or because other startups ate their lunch? My wife is seriously considering a scooter (Even a non-electrified one) for her commute (2-3 days a week, 5 miles) - and I can't see a world where we'd rent one on the daily, as opposed to owning. My uninformed guess is: A p…
5 miles one way? Genuine question but why would you want to commute 5 miles on a scooter multiple times a week compared to a bicycle?
I think the biggest advantage scooters have over ebikes is that for a lot of people, there’s a place to store a scooter at both ends of a commute (under a desk) but not necessarily secure bike storage.
Re: Lime shuts in 12 markets, lays off around 100
#8Is this because you can't make money off short-term scooter rentals (Because the cost of providing this service is > what customers are willing to pay), or because other startups ate their lunch? My wife is seriously considering a scooter (Even a non-electrified one) for her commute (2-3 days a week, 5 miles) - and I can't see a world where we'd rent one on the daily, as opposed to owning. My uninformed guess is: A p…
Exactly. If there was a way to optimize the process of managing the fleet, either by predicting where people want to go from and to or having to recharge the batteries less frequently then these services would be more viable. Maybe the new type of batteries will open up opportunities here.
Re: Lime shuts in 12 markets, lays off around 100
#9Is this because you can't make money off short-term scooter rentals (Because the cost of providing this service is > what customers are willing to pay), or because other startups ate their lunch? My wife is seriously considering a scooter (Even a non-electrified one) for her commute (2-3 days a week, 5 miles) - and I can't see a world where we'd rent one on the daily, as opposed to owning. My uninformed guess is: A p…
I see a ton of Ninebots during my commute, seems like more and more people choose to own. Even folks at my company own various escooter variants.
Re: Lime shuts in 12 markets, lays off around 100
#10That's a blow. There's not a lot of companies employing divers in the gig economy.
scooters not cars though...no divers needed