Over $5B in venture funding, of which $950M went to Lime, was invested into scooter startups. The decline in ridership is due to increased competition from cheaper traditional bikes, an increase in working from home, and complaints from city residen ...
At its peak in 1882, the Pennsylvania Railroad was the largest railroad (by traffic and revenue), the largest transportation enterprise, and the largest corporation in the world. In 1968, it merged with it's rival New York Central Railroad, but the ...
In 2020, Segway was banned from sidewalks and roads in many countries because it did not fit any existing categories, nor could they solve a problem for a clearly defined audience. Segway targeted everyone in their marketing strategy, but most peop ...
In 2023, enormous debt ($1.5B) accumulated over 20 years led to Yellow’s bankruptcy after nearly a century in business.
