Re:Lime shuts in 12 markets, lays off around 100
by rossdavidh on Thursday January 09, 2020 @02:36PM
(#22004696)
My impression in Austin is that it peaked last year. Not to say they aren't still common.
To be honest I think there's a possible real business here, but maybe only for one or two companies, and only in cities where they achieve a critical mass. The 4am collecting of abandoned scooters, becomes much more efficient if it's only one company per town, and they are commonly used such that there is much less distance between scooters of a given company.
I suppose that, like for every 1000 1999 e-business there was only one Amazon, the VC's are thinking there will be one or two survivors here who will eventually do well.
To be honest I think there's a possible real business here, but maybe only for one or two companies, and only in cities where they achieve a critical mass. The 4am collecting of abandoned scooters, becomes much more efficient if it's only one company per town, and they are commonly used such that there is much less distance between scooters of a given company.
I suppose that, like for every 1000 1999 e-business there was only one Amazon, the VC's are thinking there will be one or two survivors here who will eventually do well.