[bberenberg]

One point omitted in the article that matters is that we have two types of bikes. One is a normal bike. If you’re a member, this is free to rid for 45 minutes at a time as much as you want. The second is an electric assist bike which has the prices listed. One of the issues we’re facing is that there is nearly no inventory of the normal bikes. This has taken citibikes from being a reliable and available pay once and ride solution to a solution that often costs more than a subway ride, and sometimes more than an uber. I get that Lyft wants to make money on this, but I think if they want the benefits of a city granted monopoly, they need to better meet the needs of the citizens and be ready for worse control of their business model than they would get otherwise.