tl;dr: building great products not only requires a clear vision, but a strong strategy. Instagram has been able to achieve its mission to “… capture and share the world’s moments” in part by leveraging second mover advantage over certain competitors’ features and building an all-in-one social experience.
Let’s compare against competing social platforms and analyze Instagram's impact:
[this is a follow-up to my previous blog post here]
TL;DR: e-Scooters is looking to have a brighter future in the EV (e-Vehicles) market because it is 1) smaller (but fast enough), 2) portable, 3) affordable and 4) more available.
Consumers want quick, easy, reliable transportation services that just works. The need for faster/cheaper taxi alternatives, better public transportation systems and avoiding car ownership in many U.S. cities has debatably been solved by Uber and Lyft. The problem with last mile traveling is partially solved (via walking, driving, biking, Uber-ing, busing, subway-ing et al), but also very much still in the experimental and growing phases. Let’s do a deep-dive of some of the U.S.’s hottest on-demand startups trying to dominate this space.
$ Raised v. Funding v. Headcount:
TL;DR: The global market appetite for last mile EVs (e-vehicles) is driven by 1) overall more efficient mode of transport, 2) the push for eco-friendly options, and 3) shared services over private ownership.
Over the past month, I had my first try at Bird, Limebike, Spin and Jump - the hot new e-scooter and e-bike startups that entered SF. This got me thinking about the overall transportation industry, in particular the last mile (colloquial phrase for: movement of people from a transportation hub to a final destination) market powered by the onset of the e (electric)-economy.