51–60 of 75 posts
If I was designing a city, I'd ban cars except for a few prominent roads and make rentable electric vehicles the norm. You'd gain a ton of real estate by not needing parking spaces/garages. Plus cars are a slow way to get around cities due to traffic and lights/stop signs every block.
Earlier quoted context omitted.
I don't know about other locales, but here, in France, people weren't supposed to wander too far away from their homes. Basically, you were only allowed to go to work if you absolutely couldn't work from home – and many people were staying home because their businesses were shut down. You were not supposed to go visit a friend on the other side of town. "Non-essential" stores were closed, so no reason to go too far a…
But how long was that restriction in place?
However, in between, business was not always fully back to normal. For example, many bars, restaurants and theaters were still closed or operating under restrictions, like only being able to receive public outside (which, of course, required an outside area) and with "social distancing" (which required a large outside area).
Not a single word about revenue or profits, just about how much it was 'valued' at. A lot of VC money is just holding up Potemkin villages of 'innovation'.
For Bird, they were sold on a SPAC at $154, so mission accomplished for the VCs. Retail is left holding the bag now.
Not a single word about revenue or profits, just about how much it was 'valued' at. A lot of VC money is just holding up Potemkin villages of 'innovation'.
For Bird, they were sold on a SPAC at $154, so mission accomplished for the VCs. Retail is left holding the bag now.
https://news.crunchbase.com/real-estate-property-tech/bird-f...
Earlier quoted context omitted.
What I want to know is where I can (legally) pick up used Bird or Lime or Spin or Ofo or Skip scooters. Are they all going in the trash?
Almost certainly. I've seen photos of the acres and acres of perfectly good ebikes being piled up. Makes me absolutely sick to see such utter waste.
Not a single word about revenue or profits, just about how much it was 'valued' at. A lot of VC money is just holding up Potemkin villages of 'innovation'.
Not a single word about revenue or profits, just about how much it was 'valued' at. A lot of VC money is just holding up Potemkin villages of 'innovation'.
Because that's the true "innovation" that has been coming out of Silicon Valley for the past 10 years or so: losing hundreds of millions or billions of dollars for years without as much as a hint of a plan to become profitable.
Uh, they started lending operations in 2011. How long is that pre-profit growth mode expected to last? Another decade?
Didn't they just buy Spin?
They did[1]. Which makes me wonder if they'll all end up in junkyards, they're packed with batteries, and even RPis[2]... 1: https://techcrunch.com/2023/09/19/bird-acquires-spin-scooter... 2: https://www.tomshardware.com/news/raspberry-pi-4bs-inside-sp...
Lotta great stuff at bankruptcy auctions. Sure, you can see it as preying upon others' misfortune, but you can also look at it as helping make their creditors whole.