Today in "Landfill Capitalism" News

E-scooter company Bird is seeking to raise around $200 million in new funding at a $2 billion valuation.

This would be just weeks after it raised $150 million at a $1 billion valuation, and only three months after raising at a $300 million valuation. [...]

Axios also has learned more about the make-up of a new $250 million funding round for Bird rival Lime, at a $750 million valuation:

And as the rat's milk returns to the sewer, Andreessen is there:

Deal lead GV is committing around $50 million, as is new investor IVP and return backer Andreessen Horowitz.

GV parent company Alphabet also is committing around $50 million.

I'm still waiting for someone to publish a proper tear-down on these soon-to-be-landfill scooters and what you can build from them. I've even had a reporter ask me if I'd heard of such a tear-down yet. But, nope.

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13 Responses:

  1. tfb says:

    Has anyone done the sums on whether these things are physically plausible? The companies are kind of vague, but Lime said it had a 250W motor: that's perhaps a plausible peak power as I think a reasonably fit human can reasonably sustain maybe 150W (racing cyclists can sustain 400W for an hour, but they're not 'reasonably fit). So perhaps it might consume 100W average: how physically big a battery does it need to do that for any length of time, and is that enough power to get it and a human around? What's the lifetime of the battery?

  2. Kyle Huff says:

    Andreessen and Cuban also have a wireless charging company they'd love to sell you.

  3. MrEricSir says:

    For all intents and purposes anything left out unattended on San Francisco's streets is free for the taking. So thanks for all the free scooters, venture capitalists!

  4. There should be a website about fun projects to make with the stripped out parts.

  5. Joe Luser says:

    lot of torque in those motors. probably you could speedup your curtain automation significantly.


  6. Stteetstalag Nick Mount says:

    So how is the street's answer to lowering center of mass for car-oblivious teleportation and mountaineering coming along? Speed is the selfie-killer. Is the premium flock product delivering hot food, suitable retailoring and infrared vein renormalization in Darcy-forward modalities?

  7. jwz says:

    A summary of the 12 companies making their gold-rush grab at the scooter permits in San Francisco.

    That Uber is planning to undercut everyone else is shocking, just shocking I say.

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