How dare you purchase a Xiaomi scooter!
You have to rent them from Lime or Bird. Do you have any idea how many hours these companies spent in Excel designing their tight unit economics? Dozens!
You have to rent them from Lime or Bird. Do you have any idea how many hours these companies spent in Excel designing their tight unit economics? Dozens!
Scooter share economics don't work. And now that cities are placing caps on vendors and scooter quantity, prices are going up. Which means payback period to owning the scooter goes down. This is a vale of tears.
* What is the average payback period for purchasing a car (μ(p) = $30,000) versus taking the train? Much longer!