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AustenAllred's profile
Austen Allred
Austen Allred
Austen Allred
Verified account
@AustenAllred

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Austen AllredVerified account

@AustenAllred

CEO @LambdaSchool (YC S17): A CS education that's free until you get a job. I have made remarks that I do not agree with.

San Francisco, CA
lambdaschool.com
Joined December 2010

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    Austen Allred‏Verified account @AustenAllred Jul 3

    Still wrapping my mind around thispic.twitter.com/wRIM2uTbgK

    6:21 AM - 3 Jul 2018
    • 2 Retweets
    • 51 Likes
    • Nurrizky leviathan Scott Lowe Shaun Maguire Rahul Joshi briangamblin Josh May Kurt McIntire Keith Wasserman
    8 replies 2 retweets 51 likes
      1. New conversation
      2. BIG Al CRYPTO༼つ◕_◕༽つ‏ @BigAl_crypto Jul 3
        Replying to @AustenAllred

        BIG Al CRYPTO༼つ◕_◕༽つ Retweeted BIG Al CRYPTO༼つ◕_◕༽つ

        This is ridiculoushttps://twitter.com/BigAl_crypto/status/1014128385537269760?s=19 …

        BIG Al CRYPTO༼つ◕_◕༽つ added,

        BIG Al CRYPTO༼つ◕_◕༽つ @BigAl_crypto
        Has a scooter company ever in history made 1/5th of this amount in profit???? LOL
        Show this thread
        2 replies 0 retweets 0 likes
      3. Austen Allred‏Verified account @AustenAllred Jul 3
        Replying to @BigAl_crypto

        While it is pretty crazy, looking at what has happened historically is a bad way to judge the value of VC

        0 replies 0 retweets 4 likes
      4. End of conversation
      1. Turner Novak‏ @TurnerNovak Jul 3
        Replying to @AustenAllred

        There's a lot of money to be made in urban innovation. And scooter unit economics are great if this article is anywhere near correct. It's going to be a market share game, so if unit economics work, makes sense to raise and deploy capital quickly.https://techcrunch.com/2018/04/10/how-to-understand-the-financial-levers-in-your-business/ …

        0 replies 0 retweets 4 likes
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      1. Matthew Greenfield‏ @mattgreenfield Jul 3
        Replying to @AustenAllred

        I am curious about the margins of scooter businesses. Uber and Lyft still lose money despite not needing to buy and maintain vehicles.

        0 replies 0 retweets 1 like
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      1. Agile Hulk‏ @Agile_Hulk Jul 3
        Replying to @AustenAllred

        "Travis vanderZanden"? The writers for this timeline are just phoning it in at this point.

        0 replies 0 retweets 1 like
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      1. Javier‏ @Furryducky Jul 3
        Replying to @AustenAllred

        Have you been to Venice Beach lately scooters everywhere!

        0 replies 0 retweets 0 likes
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      1. New conversation
      2. Phil Graham‏ @Roadstead Jul 3
        Replying to @AustenAllred

        Presumably to well grease the charger pool while they figure out the logistics of being a fleet company? Scooter MTBF here in Atlanta not trending so hot, bet it's worse in SF

        1 reply 0 retweets 0 likes
      3. Phil Graham‏ @Roadstead Jul 3
        Replying to @Roadstead @AustenAllred

        Though that said, I'll bet the unit economics still work out positive with scooters lasting <120 days

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. Gerardo Torres‏ @jesuisgerardo Jul 3
        Replying to @AustenAllred

        Why do they even need this much money? Is it to expand very aggresively?

        0 replies 0 retweets 0 likes
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      1. alex n‏ @gigatexal Jul 3
        Replying to @AustenAllred

        What’s confusing? They’re cashing in on the hype and furiously expanding.

        0 replies 0 retweets 0 likes
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