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by taylorswift_
2755 days ago
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I discovered scooters recently and have rode them in three major cities during the past month. I have to say it is the most genius consumer tech product I've seen in a long time. I instantly felt a sense of "wow" after riding the first one (bird). The entire experience is so simple, so elegant (ui/ux), cheap, efficient, and most importantly FUN. I looked up bird and lime to discover they'd each received over 400M in funding and it makes perfect sense to me. This is a disruptive technology that's going to see major adoption in every city across the entire planet. You have to ride one to understand, especially in an urban, downtown, waterfront or metro type area. They're going to easily cut into bikeshare and short-trip rideshare services. Take a ride and you'll see, #scootlife! Also worth noting, none of the technology is itself "new", but rather bird & lime particularly have packaged existing technologies together to make a product with all the qualities mentioned above. Innovation is usually just a twist on something that's already out there. |
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Disruptive pioneer is not necessarily good investment even if the base idea is solid.
In the Dot-com bubble (1995-2000) many companies with good ideas eventually failed. There were several online book retailers, web search companies and online shopping sites, even online food delivery services. They were highly valued, but most of them went bankrupt. Amazon two Google survived (It took over decade for Amazon's stock valuation to recover).
We have now transportation boom. When the boom goes bust and regression hits, most run out of money and go bankrupt.