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by lifeisstillgood 2954 days ago
Do the economics stack up?

"""Bird pays Brandon, a contract worker, up to several hundred dollars a night. On one particularly successful night, Brandon brought home $600."""

The article does not have many specifics but roughly Brandon seems to get 10 or so scooters on each trip, two trips a night(?). so that's something between 10 bucks and 30 bucks per charged scooter cost to Bird. Even if it's just 10 bucks that becomes the cost of the bike every quarter or so - that kind of opex must be killing them?

2 comments

Lot of decent discussion and more info here:

https://www.reddit.com/r/TrueReddit/comments/8l12oj/electric....

It definitely doesn't stack up, they're just burning VC money it doesn't matter to them.