Bird Scooter GettyImages 998366050 - Bird CEO on start-up copycats, unit economic, safety and seasonality.
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Bird CEO on start-up copycats, unit economic, safety and seasonality.

So at the upfront summit in malibu last week bird’s electric scooter were on full display but so were other dozens of new scooters which were available through out the premises.

bird scooter gettyimages 998366050 145026724 - Bird CEO on start-up copycats, unit economic, safety and seasonality.

But upfront general partner mark suster an investor in the statup was seen riding a bird on stage, Bird founder and chief executive officer Travis VanderZanden was on site to mingle with attendees before closing the summit with a fireside chat with Suster himself.
The pair hit on a number of topics, including the unit economics, safety and seasonality of the scooter business.

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Neither confirmed Bird’s latest raise; the startup is said to be in the process of securing another $300 million at a $2.3 billion valuation, according to PitchBook. In a 12-month period, the company brought in more than $250 million at a roughly $1 billion valuation.

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VanderZanden explained that despite a long-held interest in transportation — his mother was a public school bus driver for 30 years — he’s only recently come to understand the industry’s most urgent needs. He plans to put more energy in transportation infrastructure in 2019 as a result.

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