Re:Uber Bike – A New Way to Commute or Explore
by flukus on Thursday February 01, 2018 @12:18AM
(#16279769)
> At this point, I wonder what their business model is.
Same as silicon valley, keep growing to attract more and more venture capital, worry about profitability later.
Re:Uber Bike – A New Way to Commute or Explore
by PhasmaFelis on Thursday February 01, 2018 @09:45PM
(#16287979)
Step 1: Build user base. Step 3: Profit.
I live near a small creek in central melbourne. My morning commute passes usually 3-4 newly trashed O-bikes that have been ghostied into the creek, or recently fished out by a neighbour.
I recently spotted a guy with a super nice camera stalking the riverbank and jokingly asked him if he was O-bike spotting. He replied that he was, I pointed him to two submerged on the other bank and he said he was making an arts film about O-Bikes coming to life and joining together like voltron. The company had even promised to donate some trashed O-Bikes to him. At this point, I wonder what their business model is.