Remove Competition Remove Demand Remove San Pedro Remove Venture Capital
article thumbnail

Micromobility in limbo: Takeaways from Paris and LA

TechCrunch LA

Yet despite billions in VC money and plenty of hype , the future that micromobility companies promised still hasn’t quite arrived. “This had led to an imbalance of vehicle supply to rider demand as operators over-saturate the market.” It’s so car dominated and hungry for alternatives to the automobile.”.