News for hackers. Stuff that matters.

A comment on The birth and death of a bike company: What happened to SpeedX. Parent comment

Re:The birth and death of a bike company: What happened to S... by Belphemur on Thursday June 20, 2019 @08:36AM (#20232211)
Even with those ridership number the company went bankrupt in 2014 and had to be bought by the city that made it non profit.

In other words, not really a profitable market.

[ Parent | on HN ]
Re:The birth and death of a bike company: What happened to S... by alexanderdmitri on Friday June 21, 2019 @12:28AM (#20239882)
Companies targeting great markets fail all the time due to other factors. It not like all that needs to happen is someone point their finger at a good market and magically money starts piling up.
[ Parent | on HN ]