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VanMoof encryption key exporter

github.com

31–40 of 224 posts

Re: VanMoof encryption key exporter

#31

Earlier quoted context omitted.

> And everyone knows this You mean they know the vendor is an infinite supplier of free bikes to steal, deSaaSify, and sell to a different market? Either way, the message doesn't spread itself; I wouldn't overestimate how much small-scale semi-pro thiefs know or care about bullshit tech startups.

Vanmoof's whole thing is recovering the bikes

Was, didn't work out as planned, did it?

Re: VanMoof encryption key exporter

#32
post #23
post #3

Don’t buy products made by VC funded firms! Especially not if it’s a real product and you value repairability and service. VanMoof made losses the size of their revenue. They made bikes… where’s the natural monopoly to be chased there?

What did Van Moof make, exactly? Do you think they were normal bikes? They made expensive e-bikes with theft recovery features. They have features that make it possible to trace and locate them, and Van Moof would actually do this. For people who spend €3-4k on an easily stolen object that the police won't care about, that's a unique selling point.

Waiting 6 weeks for any kind of repair was also their unique selling point?

Re: VanMoof encryption key exporter

#33
post #23

Earlier quoted context omitted.

What did Van Moof make, exactly? Do you think they were normal bikes? They made expensive e-bikes with theft recovery features. They have features that make it possible to trace and locate them, and Van Moof would actually do this. For people who spend €3-4k on an easily stolen object that the police won't care about, that's a unique selling point.

Waiting 6 weeks for any kind of repair was also their unique selling point?

Hardly unique, I've heard that from Tesla owners too. From a VC's point of view that doesn't per se speak against the prospect of a successful venture.

Re: VanMoof encryption key exporter

#34
post #16
post #9

Earlier quoted context omitted.

I've got an X3 that is rock solid even after me and the bike flying apart in an attempt to avoid collision with a truck. And its design is the primary reason why I decided to start biking again to begin with - I just find it so pleasantly satisfying I just want to ride it. So IDK, but I haven't seen a viable alternative yet.

What about it makes it so satisfying? If you're not into bikes, try a few of them. I find any properly tuned bike to be an absolute joy to use, although I never tried a Van Moof.

For me, it's just nice/satisfying using a aesthetically designed piece of kit, even if not top of the line performance. Which is issue for bikes, since a well tuned bike makes a huge difference. I don't like looking at all the bits of gear drive system, I like aesthetics of single speed, but riding one PIA. Ended up with a slick belt drive + internal hub setup. Van Moof (which I was considering buying) was basically the only ebike vendor that had similar aesthetics, and cover for chain/belt drive option. Checked my aesthetic boxes enough that I was fine if performance was average because it's ebike and I won't be physically struggling if something goes out of tune anyway. Support killed it for me though, and it seems like killed the company as well.

Re: VanMoof encryption key exporter

#35
post #3

Don’t buy products made by VC funded firms! Especially not if it’s a real product and you value repairability and service. VanMoof made losses the size of their revenue. They made bikes… where’s the natural monopoly to be chased there?

Van Moof bikes are EVERYWHERE in Amsterdam. They obviously shouldn’t have taken so much investment. But if you can capture a latent market need like that, there probably is a lot of opportunity at scale, too.

Re: VanMoof encryption key exporter

#36
Wow - I was really looking forward to the VanMoof V. Shame to see them struggling financially.

It was supposed to be delivered in December 2022. But it was eventually pushed back to end of this year (2023).

Contemplating canceling my pre-order ($20-30?) now.

Re: VanMoof encryption key exporter

#37
post #36

Wow - I was really looking forward to the VanMoof V. Shame to see them struggling financially. It was supposed to be delivered in December 2022. But it was eventually pushed back to end of this year (2023). Contemplating canceling my pre-order ($20-30?) now.

They’re almost bankrupt.. they filed for “uitstel van betaling” yesterday or Wednesday

Re: VanMoof encryption key exporter

#38
post #23
post #3

Don’t buy products made by VC funded firms! Especially not if it’s a real product and you value repairability and service. VanMoof made losses the size of their revenue. They made bikes… where’s the natural monopoly to be chased there?

What did Van Moof make, exactly? Do you think they were normal bikes? They made expensive e-bikes with theft recovery features. They have features that make it possible to trace and locate them, and Van Moof would actually do this. For people who spend €3-4k on an easily stolen object that the police won't care about, that's a unique selling point.

Note that when they first came out, they were actually pretty affordable; since then, competition and mass production spun up and you can get an e-bike for <€1K now, and they'll be less custom made, more generally available parts too. The brand's USP then became that they look and are pretty unique, which is cool on one hand, but they weren't able to make it financially viable. Probably because they relied on VC money, and spent it on people who knew they had VC money to burn.

Re: VanMoof encryption key exporter

#39

Note that a competitor to VanMoof, Cowboy Bikes, have also created an iOS app - with a beta on the App Store - that supposedly does the same (saving the encryption keys locally). I say supposedly because the source is not available to inspect. However, the linked FAQ states that no data is stored outside the app. Here it is: https://bikey-app.cowboy.bike/ (Note this is not en endorsement for Cowboy - whom I know noth…

Going from Vanmoof to Cowboy Bikes is like switching from the plague to cholera. Same modus operandi: excessively VC funded, lots of hype, proprietary parts, mounting losses, loosing money with every sale, ... and it's getting worse every year. Cowboy Bikes is just another bankruptcy waiting to happen.

The team behind Cowboy also has a history of going bankrupt and not doing the right thing. Their previous venture was a Uber Eats competitor and they took the end user’s money until the end but never paid the restaurants nor the deliverers. That’s the main reason why I can’t get myself to buy one their bike. But it seems Van Moof wasn’t any better.

Re: VanMoof encryption key exporter

#40

Earlier quoted context omitted.

> And everyone knows this You mean they know the vendor is an infinite supplier of free bikes to steal, deSaaSify, and sell to a different market? Either way, the message doesn't spread itself; I wouldn't overestimate how much small-scale semi-pro thiefs know or care about bullshit tech startups.

Vanmoof's whole thing is recovering the bikes

In a fight between a bullshit tech startup whose entire business model shows they're actively hostile to both customers and society at large, and minimally sophisticated thieves with access to a dedicated defeat toolkit that is surely already available to buy somewhere[0], I expect the startup to surrender first.

EDIT: the only real advantage VanMoof could have here is if they're selling shitty bikes and overpricing customers for the brand name. That would indeed deter most thieves successfully - by making stealing those bikes not worth the effort. Well, until the metal prices spike or something, and it's profitable to steal them and sell as raw material...

--

[0] - See e.g. cheaply available conversion kits for Bird scooters; IIRC they were being sold for something like $30. Though those had a plausibly legal use case: converting decommissioned or seized scooters. There were plenty of the latter, as following the example set by Uber, Bird also pretended law and society don't exist.

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