Bird scoots away from multizillions in debt via Chapter 11 bankruptcy https://techcrunch.com/2023/12/20/bird-bankruptcy/
@bikepedantic I wonder if the business model works anywhere. I enjoy riding the scooters but I’m not a typical Old.
@jgordon i think Bird is a little bit of an outlier and perhaps isn't a fair model for serving as the business model. but it's definitely still a question mark
@bikepedantic @jgordon I wondered if Superpedestrian might have been more sustainable since they were trying to go with the municipally contracted fleet and slower growth, but it looks like they just announced shutting down completely
@DemonHusky @jgordon yep. I never dealt with them, but from the outside they seem like the more dire case study for the industry
