Why tf is Bird worth $1B
They raised a series B valuation at 300m in March and they raised another round valuing them at 1B last week. What is happening
User growth plus revenue and they are faster than uber/Lyft in some areas.
And they are giving out helmets for $1 each. Too much money to burn.
Wait where can I get one
Saw it on slickdeals maybe a week ago now it may be too late.
I use those scooters all the time to get around SF. Until the Boring Company comes to SF, it’s the best we have.
Ford gobike is pretty okay too
No. Fucking obstructionists didn’t let them build a station where I live (Mission)
Because the market is saturated with VC/PE money with no great alternatives to invest...and FOMO.
They probably do a lot of shifty things to inflate their growth numbers. They used to do that kind of stuff all the time
Maybe their addressable market is bigger than u think...
Bird and Lime are both worth a lot more. Detailed analysis here: https://futureengine.org/articles/scooters-are-worth-10b
By the way, how is it like working there? Culture and pay?