Lets play spot the difference.

From the article; "Her goal is not to sell the service to consumers, but rather to the government." And now we change two words; "Her goal is not to sell the service to consumers, but rather to venture capitalists."

The entire argument is flawed, they are selling to a customer. Does it matter who the customer is?

Why does the government subsidize public transport in large cities?

From the Article; "In the case of Alta Bicycle Share, my life would be better without its existence." Try swapping "Alta Bicycle Share" with "New York Subway".

I certainly hope Casey Research (the article writer) wasn't subsidized by the oil or car industry to write this piece of garbage.