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Silicon Valley scooter startup Bird bet big on Paris and lost to rivals. Insiders are betting on consolidation.

Electric scooter unicorn Bird lost tender processes to run scooter rentals in two key European cities: Paris and Lyon. Bird has raised more than $600 million to date, but its growth has been complicated by the emergence of copycat rivals, the coronavirus, and regulators limiting the number of scooter operators in their cities. The loss of Paris is a major setback for the company in Europe, and if rivals continue to win tender processes in other cities, Bird may be forced to buy its way to vict...
Tags: Travis Vanderzanden, Europe, UK, London, France, US, Trends, Rome, Marseille, Paris, Amsterdam, Bird, Silicon Valley, Lyon, Business Insider, Lime


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Tuesday. Sign up here to get this email in your inbox every morning. An internal Facebook audit reportedly shows QAnon groups have millions of members, but some employees who ran the investigation fear the company won't take any action. The employees also expressed concern that QAnon's presence on the popular social network might influence the upcoming 2020 presidential election. A California judge ruled that Uber and Lyft have to class...
Tags: Amazon, Facebook, Lyft, Europe, Elon Musk, London, Pinterest, Microsoft, Congress, California, Softbank, Trends, Linkedin, Tesla, Bloomberg, Paris


Big investors have been slashing valuations on stakes in private companies like Palantir and Airbnb. Here's why some 'mature unicorns' are in a tricky spot and could keep sinking.

Some of the world's most well-known private companies have lost value since the pandemic's start, according to their mutual-fund backers, securities filings show.  Even before the pandemic hit, a survey of venture capitalists found that a majority believed unicorns were "significantly" overvalued. Bankers and valuation experts see a potential quick fix to falling valuations: SPACs, which have taken Wall Street by storm over the last month.  Visit Business Insider's homepage for more stories. ...
Tags: Ipo, US, Trends, Bank Of America, Peter Thiel, Ubs, Bird, Fidelity, Airbnb, Goldman Sachs, Bill Ackman, WeWork, Morgan Stanley, Blackstone, Palantir, Blackrock


Big investors have been slashing valuations on stakes in private companies like Palantir and Airbnb. But bankers say there could be a potential quick fix.

Some of the world's most well-known private companies have lost value since the pandemic's start, according to their mutual-fund backers, securities filings show.  Even before the pandemic hit, a survey of venture capitalists found that a majority believed unicorns were "significantly" overvalued. Bankers and valuation experts see a potential quick fix to falling valuations: SPACs, which have taken Wall Street by storm over the last month.  Visit Business Insider's homepage for more stories. ...
Tags: Ipo, US, Trends, Bank Of America, Peter Thiel, Ubs, Bird, Fidelity, Airbnb, Goldman Sachs, Bill Ackman, WeWork, Morgan Stanley, Blackstone, Palantir, Blackrock


Big investors have been slashing valuations on stakes in private companies like Palantir and Sweetgreen. But bankers say there could be a quick fix.

Some of the world's most well-known private companies have lost value since the pandemic's start, according to their mutual-fund backers, securities filings show.  Even before the pandemic hit, a survey of venture capitalists found that a majority believed unicorns were "significantly" overvalued. Bankers and valuation experts see a potential quick fix to falling valuations: SPACs, which have taken Wall Street by storm over the last month.  Visit Business Insider's homepage for more stories. ...
Tags: Ipo, US, Trends, Bank Of America, Peter Thiel, Ubs, Bird, Fidelity, Airbnb, Goldman Sachs, Bill Ackman, WeWork, Morgan Stanley, Blackstone, Palantir, Blackrock


Review of Hoover's ONEPWR cordless vacuums

I hate to clean, so anytime I can find a tool that makes it easier and more convenient, I'm all for it. So when Hoover asked us to try out a couple products from their new ONEPWR line of battery-operated vacuums, we quickly agreed. Just the very idea of not having to drag a cord around got me so excited to try them. GIVEAWAY — Keep reading to the end for a chance to win your very own ONEPWR vacuum! ONEPWR Evolve Pet cordless upright vacuum I started with the Hoover ONEPWR Evolve Pet cordles...
Tags: Crafts, Dog, Instagram, Uncategorized, Ikea, Bird, Hoover, Rug, Jo, ONEPWR, HEPA Media, ONEPWR Dual Bay Battery Charger, Hoover com Amazon, Charger Hoover


An electric scooter startup will charge you $39 a month so you can keep and use a single scooter to avoid sharing with other people

An electric scooter startup is rolling out a subscription service that will allow users to pay a monthly or annual fee to use and hold onto the same e-scooter. For $39 a month plus a one-time $50 setup fee, you can rent an Unagi's Model One scooter instead of sharing street e-scooters with other users as is typical with scooter startups. Unagi cofounder David Hyman told Business Insider that the subscription concept has been in the works for a while, but the "timing is good" during the no-touc...
Tags: New York, Los Angeles, Trends, Bird, Menlo Ventures, San Francisco Bay Area, Unagi, Hyman, David Hyman


The Station: ADA turns 30, Panasonic’s new battery tech and delivery (data) woes

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hello and welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. Before we get into all the mobility news and analysis of the week I wanted to flag an upcoming event that might be of interest to the budding entrepreneurs out there. TC Disrupt, that BIG annual...
Tags: Travel, TC, Transportation, Lyft, Elon Musk, New York, Indonesia, Washington, China, Germany, Berlin, Singapore, New York City, San Francisco, Tesla, Walmart


Comments on the “Platform Accountability and Consumer Transparency Act” (the “PACT Act”)

Last month, Sens. Schatz and Thune introduced S. 4066, “Platform Accountability and Consumer Transparency Act” (the “PACT Act”). The bill was pitched as a narrow and modest bipartisan reform of Section 230; and Daphne Keller of Stanford labeled the bill an “intellectually serious effort” and a “huge step forward” compared to other alternatives. While the PACT Act may lack the malevolence of more extreme Section 230 reform proposals, it’s not narrow, modest, or good. Some of the bill’s biggest p...
Tags: Google, Facebook, Law, California, Stanford, US, Chicago, United States, Hud, Bird, Dmca, Doj, ECPA, Ugc, Stubhub, Ftc


‘We Will Be a Voice for the Voiceless’: The W.N.B.A. Season Is Dedicated to Breonna Taylor

The Seattle Storm, with all-time assist leader Sue Bird and 2018 M.V.P. Breanna Stewart back in action, took the “bubble” tournament’s first victory over the New York Liberty’s seven-rookie squad.
Tags: News, Bird, Sue, Stewart, Breanna Stewart, Seattle Storm, New York Liberty, Ionescu, Women's National Basketball Assn, Breanna (1994-, Sue Bird, Sabrina (1997-, Breonna Taylor


Funny Caption 72: Crowing Moment

[Author: [email protected] (Francis Q)]
Tags: Funny Caption, Humour, Animal, Bird, Francis, Joke


Brand Moves for Friday July 24

Twenty-one weeks ago, when the gravity of the situation became clear, we started daily reporting on how brands were dealing with the COVID-19 crisis. What’s now becoming clear is that the current climate is one of near-perpetual disruption. So we made the decision to keep on telling the stories of inspiring brand leadership and strategy amid the latest crises in an anxious world. Our goal remains the same: to provide an up-to-the-minute source of information, inspiration and insight on brand mo...
Tags: Google, Amazon, Twitter, Europe, Florida, UK, Washington, Berlin, India, Advertising, Disney, Digital, US, America, Atlanta, Georgia


How Ornette Coleman Freed Jazz with His Theory of Harmolodics

The term free jazz may have existed before Ornette Coleman’s The Shape of Jazz to Come arrived in 1959. Yet, however innovative the modal experiments of Coltrane or Davis, jazz still adhered to its most fundamental formulas before Coleman. “Conventional jazz harmony is religiously chord-based,” writes Josephine Livingstone at New Republic, “with soloists improvising within each key like balls pinging through a pinball machine. Coleman, in contrast, imagined harmony, melody, and rhythm as...
Tags: Google, Music, College, Germany, Jazz, Bird, Ornette Coleman, Thomas Pynchon, Grateful Dead, Melody, New Republic, Garcia, Coleman, Coltrane, Facebook Twitter, Maria Golia


Lime, Dott and Tier win Paris scooter permits, delivering Bird a loss in a key market

American micromobility startups Lime along with European competitors Dott and Tier Mobility have won permits to operate shared electric scooters in Paris, following a seven-month tender process that had as many as 16 companies vying for a spot. Paris is one of a handful of cities in the world that have become key battlegrounds over market share in the shared micromobility market. The permits are a critical win for Dott, Lime and Tier. It conversely represents a major loss for U.S.-based Bird,...
Tags: TC, Transportation, Tech, Automotive, Paris, Bird, Lime, Anne Hidalgo, Dott, VOI, Dott Lime, Paris Bird, Bolt Comodule Spin Voi, Dott Tier


Uber-backed scooter startup Lime and European competitors Tier and Dott have won Paris' competitive e-scooter tender, a leaked email shows

Uber-backed scooter startup Lime and European challengers Tier and Dott have been chosen as the three companies that can operate electric scooter rentals in Paris. The city is set to formally announce the results of its tender on Thursday, but leaked emails seen by Business Insider indicate Lime has won a spot. German competitor Tier is also one of the permit winners, according to two sources with direct knowledge of the decision. Amsterdam-based Dott is another winner, according to one sourc...
Tags: Europe, UK, California, France, Softbank, US, Trends, Paris, Amsterdam, Bird, Silicon Valley, Business Insider, Lime, Anne Hidalgo, Hidalgo, CIRC


Uber-backed scooter startup Lime has claimed one of three spots in Paris' competitive e-scooter tender, a leaked email shows

Uber-backed scooter startup Lime has been chosen as one of three comapnies that can operate electric scooters in Paris. The city is set to formally announce the results of its tender tomorrow, but leaked emails seen by Business Insider indicate Lime has won a spot.  Paris was inundated with scooters until it decided to pick just three operators. The city is seen as Europe's most profitable market.  Visit Business Insider's homepage for more stories.  Lime, the scooter startup backed by Uber, ...
Tags: Uber, Europe, California, France, Softbank, US, Trends, Paris, Bird, Silicon Valley, Anne Hildalgo, Business Insider, Lime, Hidalgo, CIRC, Tier Voi Bird Dott


Uber-backed scooter startup Lime and German competitor Tier have claimed two of three spots in Paris' competitive e-scooter tender, a leaked email shows

Uber-backed scooter startup Lime and German challenger Tier have been chosen as two of three companies that can operate electric scooters in Paris. The city is set to formally announce the results of its tender tomorrow, but leaked emails seen by Business Insider indicate Lime has won a spot. German competitor Tier is also one of the permit winners, according to two sources with direct knowledge of the decision.  Paris was inundated with scooters until it decided to pick just three operators. ...
Tags: Europe, California, France, Softbank, US, Trends, Paris, Bird, Silicon Valley, Business Insider, Lime, Anne Hidalgo, Hidalgo, CIRC, Tier Voi Bird Dott, One Lime


Audobon's Birds of America art released as free, high-res downloads for printing

The National Audubon Society has released all of John James Audubon's magnificent watercolors from his classic work Birds of America (1827-1838) as free, high-resolution downloads for printing. The 435 life-size watercolors in the collection were "all reproduced from hand-engraved plates, and is considered to be the archetype of wildlife illustration." Each image's web page is accompanied by Audubon's wonderful first-person descriptions of the animal. John J. Audubon's "Birds of America" i...
Tags: Art, Post, News, Animals, America, Birdwatching, Wildlife, Illustration, Bird, Birding, National Audubon Society, John James Audubon, Audubon, John J Audubon


WNBA players adjusting to life in their Florida bubble

Sue Bird has seen a lot in her storied playing career in the WNBA, overseas and the Olympics. While nothing the 39-year-old Seattle Storm guard experienced has prepared her for life in the WNBA bubble, she is making the best of the situation. The WNBA put all 12 of its teams at a single site — the IMG Academy in Bradenton, Florida — in hopes of playing the full 22-game season amid the coronavirus pandemic.
Tags: Florida, News, Sports, Bird, WNBA, Bradenton Florida, IMG Academy, Seattle Storm


Here's an exclusive look at the pitch deck scooter company VOI just used to raise a $30 million funding extension

Swedish electric scooter startup VOI has raised a $30 million extension to its previous $85 million Series B round as part of its bid to take on its increasingly well-funded competitors. Voi's funding extension comes on the back of surge in activity for e-scooter companies following coronavirus. Voi says it was profitable in June, and hopes to be consistently profitable in 2022. "This is a capital-intensive market and we want to ensure we are sustainable in the long term," the company's cofoun...
Tags: Europe, UK, US, Trends, Bird, Silicon Valley, Stockholm, Vostok New Ventures, VOI, Fredrik Hjelm


6 takeaways from California’s small-business Paycheck Protection loans

From Silicon Valley startups to Gavin Newsom’s wine business, a rundown of who got what from the federal coronavirus business loan program. Organic farms, the governor’s winery group, a scooter startup and … Burning Man? The new list of California recipients of federal Paycheck Protection Program loans to ease economic fallout from the coronavirus is long, varied and sometimes bizarre. The Small Business Administration effort “to provide a direct incentive for small businesses to keep their ...
Tags: Apple, Business, Small Business, Congress, California, Government, San Francisco, Sport, Kanye West, Soccer, Treasury, Bird, Silicon Valley, San Jose, Airbnb, Michelin


Here’s a list of tech companies that the SBA says took PPP money

The U.S. Treasury Department released Monday a highly anticipated trove of data identifying every company that has received a loan of more than $150,000 from the Paycheck Protection Program (PPP) — a list that includes some of the hottest names in the tech startup world, including Bolt Mobility, Getaround, Luminar, Stackin, TuSimple and Velodyne. The data, which lists the names of companies that received small business loans over $150,000, was the result of a push for greater transparency around...
Tags: TC, Congress, Finance, Tech, Automotive, Bird, Morgan Stanley, PPP, Index Ventures, Citi, Trump, Small Business Administration, U S Treasury Department, SBA, LUMINAR, Y Combinator Research


Several Silicon Valley companies were listed as coronavirus paycheck loan recipients — but some say they never applied for loans in the first place

The Trump administration on Monday released a list of the companies that received the largest sums of money distributed through the Paycheck Protection Program, which was set up to combat the economic fallout from the COVID-19 pandemic. A number of tech companies and Silicon Valley venture firms were listed among the recipients, including Andreessen Horowitz, the Burning Man festival, Bird, Eat Club, and Enjoy. The PPP loans are meant to enable businesses to continue paying staff even as their...
Tags: Travis Vanderzanden, Washington Post, Trends, Bird, Silicon Valley, Andreessen Horowitz, Citibank, PPP, Index Ventures, Citi, Trump, Treasury Department, Small Business Administration, SBA, Silicon Valley Community Foundation, EAT Club


These Silicon Valley companies were listed as coronavirus paycheck loan recipients — but some say they never applied for loans in the first place

The Trump administration on Monday released a list of the companies that received the largest sums of money distributed through the Paycheck Protection Program, a stimulus for businesses set up to combat economic fallout from the COVID-19 pandemic. A number of tech companies and Silicon Valley venture firms were among the recipients, including Andreessen Horowitz, the Burning Man festival, Bird, Eat Club, and Enjoy. The PPP loans are meant to enable businesses to continue paying staff even as ...
Tags: Washington Post, Trends, Bird, Silicon Valley, Andreessen Horowitz, PPP, Trump, Treasury Department, Small Business Administration, SBA, Bird Eat Club


A VC fund set up by billionaire Facebook cofounder Eduardo Saverin just closed a $820 million fund to invest in startups

B Capital, the investment fund set up by Facebook cofounder Eduardo Saverin and Raj Ganguly formerly of Bain Capital, has closed $820 million in new funding to invest in growth-stage startups. With a portfolio of nearly 30 companies in Asia, Europe, and the United States, this new fund brings the total assets under management by the firm to $1.44 billion. Some of the fund's initial investments include scooter company Bird and Singaporean delivery firm Ninja Van.  "In a recessionary period the ...
Tags: Facebook, Trends, United States, Bird, North America, Bain Capital, General Catalyst, Eduardo Saverin, Page, Europe Asia, Boston Consulting Group, BCG, Asia Europe, Raj Ganguly, B Capital, COVID


Minneapolis City Council approves Bird and Lyft for this summer's scooters

Under the agreement, up to 2,500 scooters will hit city streets and start rolling by mid-July. Many will have locking devices.
Tags: Bird, Minneapolis City Council


The rise and fall of the Jump bike, the electric machine that wooed Uber into a $200 million sale and is now being discarded by the thousands

Uber bought the electric bike startup Jump in 2018 for $200 million. The company's red, shiny e-bike technology had an edge over its competitors, promising ease of use and convenience. A recent Vice report details how just two years at Uber sent the company and its electric bike on a downward spiral. Former employees told Business Insider that Uber's New Mobility unit and its leaders lacked bike-share experience, including then-head Rachel Holt. "They put Rachel Holt in and she had no idea how...
Tags: Uber, Washington, China, US, San Francisco, Trends, Nike, Brooklyn, Bird, Silicon Valley, Telegraph, Travis Kalanick, Portland Oregon, Business Insider, Lime, Santa Monica California


The 2020 ESPYS focus on honors, pandemic and racial justice

Sign up for Home Turf and get exclusive stories every SoCal sports fan must read, sent daily. Subscribe here. No red carpet, no nattily dressed athletes, no house band or monologue poking fun at the past year’s top athletes and moments. This was a different version of The ESPYS. The focus of Sunday night’s show on ESPN was hope and inspiration in the time of coronavirus. NFL quarterback Russell Wilson, along with soccer star Megan Rapinoe and WNBA star Sue Bird, hosted the pre-produced show rem...
Tags: Minnesota, Sports, Dallas Mavericks, NFL, Sport, Afghanistan, Soccer, Olympics, Mark Cuban, Army, Nba, Chargers, Bird, College sports, Espn, Nfc


Bird launches navigation app to help riders stay in the right lane

Bird is rolling out a new standalone app called Bird Maps in Paris and Tel Aviv that will provide turn-by-turn navigation for riders who want to use bike or micromobility lanes for their entire trip. The app, which will be available on iOS and Android, was created using navigation software from Trailze, a Israeli startup that has mapped the urban grid with micromobility in mind. Bird has not determined how long it will pilot Bird Maps. The results of the pilot will determine testing in oth...
Tags: Transportation, France, Israel, Tel Aviv, Tech, Ceo, Paris, Sharing Economy, Bird, Leader, Here, Operating Systems, Head, Micromobility, Bicycle Sharing, Scooter Sharing


Spin scooters head to Europe, starting with Germany

Spin has launched its scooter sharing business to Germany, the first step in the U.S. company’s plans to expand to Europe. The company, which was acquired by Ford in 2018 for about $100 million , has launched in Cologne and plans to open up in German cities Dortmund and Essen in the coming weeks. Spin said it’s also expanding its footprint in the U.S., starting with Atlanta. Other U.S. cities will follow, Spin said without providing more details.  Spin’s Europe expansion is part of a trend th...
Tags: Transportation, Europe, London, France, Germany, Tech, Atlanta, Cologne, Automotive, United States, Liverpool, Ford, United Kingdom, Paris, Amsterdam, Manchester