Guideline for Cities for the Best of the Bike-sharing Boom
The bike-share industry is exploding and for good reason. Bicycles are essential to solving a persistent, everyday problem, traffic. My – call it bold – prediction is that bike-share companies will eventually become bigger than car-based services such as Uber. This, however, depends highly on getting the regulatory framework for bike-share systems right. Bicycles will win because in the trafficless future of liveable, sustainable cities only a few will afford or want to drive a car every day. Infrastructure will favor the majority, cyclists, and self-driving cars will make streets safer for biking. Bicycles will win, and bike-shares will play a key role as they allow for better modal integration, especially for the rail and bike combination. The venture capital world has finally woken up to the potential of bike-sharing. So far Ofo and Mobike have each raised upwards of $500 million. The remaining 30+ bike-share startups, including the one I’m co-founder of, Donkey Republic, have a...