How do scooter companies stop from being completely commoditized? Uber has lock in of drivers that took Lyft a long time to compete with. I’m almost definitely underthinking it but don’t know how. Thoughts?
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Why can’t I start a scooter company tomorrow, go take 8000 scooters to city x, and compete with Bird overnight? Am I missing something?
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Replying to @AustenAllred
You are missing the vast sums of capital with nowhere to earn a return. Interest rates are so low that lending it doesn’t make sense. Might as well try some crazy shit.
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Replying to @typesfast @AustenAllred
One really excellent place to allocate capital is investing in Lambda School students ;)
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How long do you have to wait after a fundraise to fundraise again in 2018? 3 weeks? 3x valuation bump? Judging what I see that’s about right
6:57 PM - 13 Jun 2018
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