The News Of Tomorrow, Today
The News Of Tomorrow, Today
scooters
Electric scooter company Lime is laying off more than 10 per cent of its workforce and pulling its scooters from roughly a dozen major global cities as its competitor Bolt, too, has yanked its e-scooters from city streets in multiple U.S. markets, Gizmodo has learned.
It takes a special kind of audacity for your startup to be successful, and a special kind of audacity to name your startup “Unicorn”. Sadly, the overlapping of those two audacious circles did not spell success for one scooter company.
Lime, the company whose business model is buying thousands of electric scooters and just sort of leaving them there in the hopes people will ride them, is on track to lose $437 million this year.
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