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Re:Bird has raised $100M for electric scooter sharing by bufferoverflow on Saturday March 10, 2018 @03:43AM (#16557732)
Your math assumes zero operational costs and near 100% use rate of every scooter. What about damage, theft, liability, staff, IT, amortization costs?
Re:Bird has raised $100M for electric scooter sharing by TomMarius on Saturday March 10, 2018 @04:36AM (#16557856)
Yes, that pushes it to... let's say a year. Still impressive, IMHO.
Re:Bird has raised $100M for electric scooter sharing by bufferoverflow on Saturday March 10, 2018 @02:59PM (#16559885)
Why "let's say a year" and not 50 years? Or never? You just made a number up without knowing any operating costs.
Re:Bird has raised $100M for electric scooter sharing by TomMarius on Saturday March 10, 2018 @05:28PM (#16560503)
I made an educated guess. "Never" might happen just as well as 1 year, but it's unlikely considering other similar companies (we can't measure business skills of the operator); also we're talking about how it'd be if the business is a success. 1 year is more likely than 1 month; 50 years is extremely improbable (this business will probably either succeed or fail within just a few years, again, considering other similar companies).