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2min chapter
The Disrespected
Risk of Ruin
The Problem With Bird Scooters
Bird scooter company went public in 2021 with an initial valuation of more than two billion dollars. Since then, the company has had net losses which completely eclipse their total revenues. When Bird exited the San Francisco market, they had run up a million dollars in fines. Today, the shares trade for about 15 cents.
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