Seemingly overnight, electric scooters went from being a fun — if niche — recreational gadget to suddenly appearing on every street corner in almost every city in the US. The unexpected success of shareable dockless e-scooter companies, as encapsulated by Bird and Lime, is undoubtedly one of the biggest tech crazes of the last year.
But there’s a dark side to scooter-sharing (and I’m not talking about the vandalism or the sidewalk clutter or even all those injured riders). The fundamental numbers don’t really add up because scooters don’t bring in enough money to cover their cost. Ride-sharing is wildly unsustainable, and if the business continues on its current path, it’s entirely possible that these scooters will end up in a mass…
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