Bird CEO explains why the scooter startup needed $300m to rev up growth

Bird CEO explains why the scooter startup needed $300m to rev up growth

A person rides a Bird Rides Inc. shared electric scooter on the Embarcadero in San Francisco, California. Photographer: David Paul Morris/Bloomberg Photo by Bloomberg

As word spread that an electric scooter rental company called Bird Rides Inc. was amassing $300 million from investors just months after its first birthday, one question has plagued onlookers in and outside Silicon Valley: Why?

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