I don’t think I’ve ever seen a bike share bike actually being ridden. I have seen rows of bike share bikes sitting parked taking up useful space that could have been allocated more usefully as public parking for people riding bikes they own.
I assume there must be some aspect to this business I’m not understanding if they are able to talk cities into giving them valuable street space and investors into backing them to the tune of $50M+. I’m not seeing what value they add by centralizing ownership of what is already a very inexpensive and democratic mode of transportation. What is the play here?
I assume there must be some aspect to this business I’m not understanding if they are able to talk cities into giving them valuable street space and investors into backing them to the tune of $50M+. I’m not seeing what value they add by centralizing ownership of what is already a very inexpensive and democratic mode of transportation. What is the play here?