The eScooter Market Opp Is Actually Worth All The Hype.
▻https://hackernoon.com/the-escooter-market-opp-is-actually-worth-all-the-hype-aa35b6e0f405?sour
If you’re like most, you’ve been stunned by the news of the top two e-Scooter companies, both less than 2yrs old, raising hundreds of millions of dollars despite seeming regulatory concerns. Lime raised $250M from GV (formerly Google Ventures, who also invested in Uber) and word is that Bird Rides is raising something close to $150M from Sequoia. Too much money at Crazy valuations!! You scream. But there is sense behind the seeming madness.Systems case for e-ScootersThe valuations aren’t crazy when you think about the ‘city’ use cases that these vehicles serve. Most urban areas/cities are getting increasingly more dense, especially compared to their humble spacious beginnings. Effective transport systems will need to efficiently use scare urban space. While we hail ride-sharing as a more (...)
#jobs-to-be-done #escooter-technology #transportation #escooter-market #scooters