Why Scooter Startups Are Worth Billions

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PolyMatter : Fun fact: Steve Wozniak (Apple co-founder) created a sport called Segway polo. Where’s scooter polo? And will scooters become Paul Blart’s next preferred mode of transport? Just a few questions for you to sit on this weekend.

Reza Murfi : lmao its just america have a crap public transport

Maebbie : lmao slowed down the video to strech it to 10 minutes

Dio Brando : QR codes finally found a use ? Do you know nothing of china literally everything is done by QR code I gen even register my house to the police with a QR code and this scooter stuff has been in china for years but with bikes

_Bob McCoy : *Next Big Thing will be Rental Jetpacks!*

tod berry : What's next… driverless scooters?

Kung Fu Kenny : Hey Polymatter, quick sidenote, in Asia they use QR-codes a lot!

Manu : Do a video on Discord. That'd be nice.

GhostZodick : I'm expecting a start up for shared girlfriend/boyfriend. "Sir, I'm not prostituting. I'm spending my time with a shared girlfriend."

Mega Smith01 : Not going to lie, at first glance I read it as ‘Why school shooters are worth billions’.

NutHoofd : At the start of this video I immediately thought; _"Why don't we have those scooters in the country I live in?"_ Then I realized that I live in the Netherlands, where bikes are literally everywhere, including swappable bike services and whatnot. Heck, even the hobos usually have multiple bicycles here.

Holly Plyler : Isn't this basically what china's been doing for years?

Ashiente : Sounds like a bubble that will colapse aaaaaaaaaany time now

Michael Jay - Value Investing : Lime bikes just started popping up in my city. Since then, my opinion of them has soured.

King Mongkut : I would love to see you make a video about capitalism, socialism, and other economic systems.

Big Daddy Toyota Corola : the "litter bikes" are useless in Urban cities. In London, the wheel lock gets broken by kids to get unlimited rides

Nash Milani : That pile of bikes in China made me so sad and angry

Wholesome Lad : I havent been on a scooter since 2010

Austin Hernandez : Let me tell you that not everyone lives in metropolitan areas. In my small hometown there's no such thing as these scooters or bike lanes. There's sidewalks but absolutely nobody walks there. More people are starting to use bikes but the main road is a fast highway so the bicycle riders use the sidewalks. There are a few cabs but barely anyone uses them so they are very expensive. I was very surprised one day this year to find a small transit at Walmart. I had never in my life seen one in my hometown. It must be new. My point is these transportation services and options aren't available everywhere. I think they could be useful but in my hometown literally everyone uses a car unless they are poor. My family lived in the countryside 15 minutes away from town so a car was our only option. But even if they live in town a few blocks away from their job, people still use their cars. It would be hard to make them start using anything else.

uberminseok23 : Those who complain America's crap public transport and sidewalk or why people would not walk 20 minutes to stations just don't get it. It's not for your understanding or empathy. If there's a market to exploit, it happens and benefits both the provider and consumers however niche.

Thomas Hirtz : Just FYI, QR code in China are used absolutely everywhere and all the time, and it's insanely convenient You use it for all the everyday transaction (groceries,...) every time you pay/give money to friend (split bill,...), every time you met someone (to add him in WeChat/others, or when you want to make a group), all the share bikes, all the banking (ATM,...), when you log on website on computer,..

Sownheard : Build better sidewalks Problem solved

Er ic : jokes aside and all QR codes are actually a huge thing in Asia

Majidul : Always wanted to flex on others with a supreme scooter

Janmay Singh : Waitm five years till Apple creates a new model and calls it *original*

boson96 : I think scooters are great, they are like bikes but more portable, hi-tech, and you don't sweat. Combined with an uber like business model, I can see these working.

tod berry : I used to be unsure of subscribing to you but the regular quality content is fantastic! Keep it up ;-þ

TechnicolourSymphony : Only american's need this shit because their public transport systems are so bad (and they're apparently too lazy to walk 20 minutes!?)

shatley123 : I love scooting 🛴 in Austin and I don't have a car so it's very convenient. But 2 billion valuation? A little high if you ask me.

Douglas : Electric skateboard is the future 1. Easy to store 2. Relatively cheap for long term use 3. Fast Paying daily is just not good The only problem is you can only use them for flat land which the scooter faces similar problems

Thomas Snijder : Lol I was just thinking ‘I wonder when polymatter is gonna upload again’ AND YOU DID!

dominick253 : I did an article summary about this. 25/32 students did theirs on Amazon... I got a 100 I don't know what they got.

Benjamin : This boi knows his stuff

warmowed : They are just way overvalued especially with so much competition there is no way the company has the combination of technology, staff, assets, and growth potential to be worth that much. Sure scooters would work in San Fransico, but they got banned. Scooters do not work in 90% of the U.S. just like the rest of public transportation; America is just simply to big and not nearly dense enough to support it. The sad reality for those that want to eliminate cars is that they will be necessary for the U.S. for a long, long time. In most countries that are physically large people have still congregated to a handful of cities, but in the U.S. populations are extremely spread out and the populations that would overwhelmingly benefit from public transport or cheap private transport are very rural or on the outskirts of cities and there are no scooters, bike lanes, buses, or trains there.

ElyssaAnderson : These are a great idea for everyone who: 1) lives in a city 2) with permanently nice weather 3) and a reasonably low crime rate 4) and don't have physical disabilities 5) and don't need to haul any sort of gear or equipment 6) and don't get reimbursed for parking by an employer. So... that's gotta be like...90% or more of the populace...right?

Jaeger-LeCoultre Reverso Classique : The future looks dreadful….

Rich Dobbs : Okay, I watched that, but I still see no reason that scooter startups are worth billions. Instead, I see another case where the stock markets act as a pseudo-rational form of gambling. Given the underlying technology, the market could evolve where the app was scooter-provider agnostic, and the price could drop to provide normal returns on capital, and cities could charge congestion pricing to encourage polite parking with motivations for distributing the scooters instead of dumping. But instead, I predict that cities will act to reinforce, rather than counter network effects. And there will be winners and losers in this based on little other than who is popular.

XueGuang Lu : buttery smooth transition into sponsored content.

Savvy Dude : I'm early. Not my proudest fap.

anarchisttomato : Why not just buy your own scooter? They're cheap and will pay for themselves in a few months.

Savvy Dude : What happened to human legs? I walk around 10-15kms per day. I reach in time instead of being late by taking vehicles.

Burz Wild : I had no idea these existed

Proactive Thinker : Every video is a masterpiece! Good job!

Prathamesh Chaudhari : Your research is just amazing 👍🏻👍🏻🔥🔥🔥🔥🔥

Valaens - Serie TV : I live in Italy, and here it's not a problem to walk 20 minutes to take a bus! But it could be useful for people who are late or have knee pain! :)

Steven Popovich : Great video! But I live in Columbus and these are not banned here, just banned from being used on the sidewalk. They also have restricted areas, like Ohio State campus on game day. These restricted areas are software/GPS enforced and the scooters simply will stop in these areas.

Gondamar : Lime came to my city this week. Literally overnight, there were 5 scooters at every single bus stop, and you see half a dozen of them parked outside homes and businesses everywhere you go. In a few days. It’s insane.

Krishna Mahale : Man! your videos make my day.

Cheng Han the Squid brother : I think scooters are fine, but I doubt they will replace cars any time soon as most people generally prefer cars as their mean of transportation especially if they have kids well at least in Singapore. I'm not too sure about other countries though.

zachandbro : I hope these scooters don’t hurt me ankle