-
Interesting Business Model, This 'Trust People' Thing
-
Are you at all surprised that people are stealing and vandalizing those dockless rental bikes in cities all over the world? From Seattle and Washington, DC to Paris and Brussels, people are figuring out ways to steal bikes using prepaid credit cards and they're dumping bikes in rivers. The bike companies admit they're getting hammered by theft and fraud, although they dispute some estimates that they've collectively lost half their fleet so far. But they need to work on security. Maybe they need to reconsider the whole dockless thing. (Washington Post)
Have an opinion? Add your comment below.