The birth and death of a bike company: What happened to SpeedX

Re:The birth and death of a bike company: What happened to S... by analog31 on Wednesday June 19, 2019 @06:39PM (#20228057)

Interestingly, a thing about Uber/Lyft is that the number of cars is limited because they are based on converting existing private cars to hired use. So Uber/Lyft don't eliminate private cars. The number of bike shares that can be pumped into a city is limited only by the capital that can be pumped in.

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Re:The birth and death of a bike company: What happened to S... by ac29 on Thursday June 20, 2019 @01:43AM (#20230234)

Judging by a billboard that I pass reasonably frequently, Uber is more than happy to "help" potential drivers without cars get them and start driving for Uber [0]. In theory, the number of cars available to Uber is also only limited by the capital that can be pumped in.

I don't know if the prices are currently subsidized, but there's no reason they couldn't be.

[0] I'm assuming it's this program: https://www.uber.com/us/en/drive/vehicle-solutions/

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Re:The birth and death of a bike company: What happened to S... by alvah on Wednesday June 19, 2019 @08:00PM (#20228564)

Are you sure nobody specifically buys or leases a car to do Uber / Lyft gigs?

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Re:The birth and death of a bike company: What happened to S... by analog31 on Wednesday June 19, 2019 @10:40PM (#20229349)

I'd be shocked if the economics made sense, but not all investments produce a return.

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Re:The birth and death of a bike company: What happened to S... by TeMPOraL on Thursday June 20, 2019 @03:24AM (#20230660)

Uber had (probably still has) it structured so that if the investment fails, it's the driver that suffers, not the company.

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