> This is a disruptive technology that's going to see major adoption in every city across the entire planet.
Disruptive pioneer is not necessarily good investment even if the base idea is solid.
In the Dot-com bubble (1995-2000) many companies with good ideas eventually failed. There were several online book retailers, web search companies and online shopping sites, even online food delivery services. They were highly valued, but most of them went bankrupt. Amazon two Google survived (It took over decade for Amazon's stock valuation to recover).
We have now transportation boom. When the boom goes bust and regression hits, most run out of money and go bankrupt.
I liked it so much, I bought my own for my commute. It kept me from buying a second car, and ultimately saving 25 miles of driving each day.
Why didn't you buy an electric bike? For 25 miles that would be way more comfortable.
Holy crap. You ride on one of those standing electric scooters for at least 37 minutes each way?! (20 mph) That's a long time... I could understanding biking but not stand up scootering.
Re:Lime and Bird are growing rapidly
by JeffreyKaine on Monday December 03, 2018 @07:35PM
(#18594706)
It's just standing for 37 minutes. I suppose you engage your core a bit here and there, but it really isn't an exercise like biking would be.
I love these scooters BTW, super convenient!
Sounds like 25miles total. 12.5 each way.
Also worth noting, none of the technology is itself "new", but rather bird & lime particularly have packaged existing technologies together to make a product with all the qualities mentioned above. Innovation is usually just a twist on something that's already out there.