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A comment on The scooter company that raised 400M in 4 months is what is wrong with SV. Parent comment

Re:The scooter company that raised 400M in 4 months is what ... by jonas21 on Sunday July 01, 2018 @12:32PM (#17436237)
Why not? The global bicycle market around $28 billion in sales per year.
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Re:The scooter company that raised 400M in 4 months is what ... by arbuge on Sunday July 01, 2018 @12:40PM (#17436279)
Which does not automatically make any bike-sharing startup worth billions though...

The issue is the value of this particular scooter-sharing company here, not the value of the global scooter market.

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Re:The scooter company that raised 400M in 4 months is what ... by jonas21 on Sunday July 01, 2018 @12:50PM (#17436321)
Sure, but if you believe the scooter-sharing market will end up being dominated by a few companies (because consumers will prefer to use whichever company is most likely to have a scooter available wherever they are), then it's not unreasonable to bet on one particular scooter-sharing company ending up with a large percentage of that market.
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