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by kazevedo
5204 days ago
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I'm the CEO of a startup company that creates a different type of bike sharing technology, viaCycle: www.viacycle.com While you're right that bike sharing doesn't make sense for all commuters, the idea that these systems are inefficient is actually incorrect. Yes, you have a capital outlay to set the program up - just like you do for every subway, bus system, and public road in the U.S. Often, these outlays are taxpayer funded. However, once a bike system is running, it's cheaper than almost any other form of transit. Capital Bikeshare in DC recovered almost all of it's operating expenses last year. B-Cycle Denver pulled a profit. Compare that to the T or almost any bus/metro agency in the country, which usually hover around 30-40% cost recovery. Hubway or NiceRide might not work for your situation, but it's effective and affordable for a whole lot of people. |
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