Friday, April 12, 2019

You don't say....

Electric scooters may not be around for long.

"But there’s a dark side to scooter-sharing (and I’m not talking about the vandalism or the sidewalk clutter or even all those injured riders). The fundamental numbers don’t really add up because scooters don’t bring in enough money to cover their cost. Ride-sharing is wildly unsustainable, and if the business continues on its current path, it’s entirely possible that these scooters will end up in a mass graveyard like those viral photos from China."

They are the pets.com of our time. Silicon Valley is awash in money losing companies.

2 comments:

  1. They put these scooters at a coastal city in South Texas. The city council wanted to loot them a $1/day per scooter. I don't live in this city, but the scooters do seem kind of a nuisance laying about the sidewalks.

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  2. The nerve that cares about that will eventually die. You just get used to it I guess.

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