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Bird Scooter is now a ~$15M market cap penny stock

1–3 of 3 posts

Post by joos3 » Thu, Aug 17, 2023, 5:47 PM UTC

Re: Bird Scooter is now a ~$15M market cap penny stock

Post by andrewfromx » Thu, Aug 17, 2023, 5:51 PM UTC

2.5 billion valuation in 2018. Both Bird and Lime each raised about $1 billion in VC funds.

Post by joos3 » Thu, Aug 17, 2023, 5:54 PM UTC

andrewfromx wrote: post #2

2.5 billion valuation in 2018. Both Bird and Lime each raised about $1 billion in VC funds.

Yep, and Bird racked up around $1.5B in operating losses (via equity financing & debt)