Friday, April 12, 2019

Electric scooters may not be around for long…

I'm not crazy over these - investors are betting they will turn profitable. Planning to build "a better scooter", but both the scooters and the companies could have a short life-span
Published on Apr 12, 2019
Views: 2,520
Electric scooters have been one of the biggest tech crazes of the last year, with venture capitalists pouring more than $1 billion into the startups.
But the fundamental numbers don’t add up because the scooters don’t bring in enough money to cover their costs.
If the business continues on its current path, the scooter hype might be short-lived.

Read more here:
http://bit.ly/2P5g030

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