Self Made Man

Inside The Billion Dollar Scooter Wars! With Euwyn Poon

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Synopsis

During my lifetime, it’s been incredibly rare to witness the birth of an entirely new industry, but in the past few years, it seems like that’s now taking place all the time… Companies with billion dollar valuations are popping up everywhere… We’ve seen it in crypto, we’ve seen it in VR, we’ve seen it in Cannabis, and now we’re seeing it in transportation. And there’s one part of the transportation story that I find fascinating, which is the rise of the Scooter War that started two years ago. Who knew that a childhood toy would become a multi-billion dollar industry within months, and transform the urban commute. Well today we’re going to get the inside scoop on the battle for billions between Uber, Lyft, Bird, Lime, and the company that kicked off the revolution… Spin. Euwyn Poon founded Spin in 2016, and it was recently acquired by Ford Motor Company in 2018. If you’re in a city where these scooters preside, it’s a fascinating love, hate relationship. On one hand, they can be incredibly convenient if you fi