Paywalled: One Year in, Bird Founder Sells Some Shares
The founder of Bird, a year-old scooter rental service that has attracted $450 million from investors, including Sequoia Capital, already has sold some of his shares, according to people who were briefed on the unusual move. A regulatory filing suggests that the founder, Travis VanderZanden, might have received at least several tens of millions of dollars from the sale, but the exact size of the sale couldn’t be learned.
Since I can’t read the full article, I don’t know what conclusion they’ve drawn or what they’re insinuating.
The sale could mean anything.
Besides, who wouldn’t want to have some of that stock?
Next!
Previously here:
New eScooter Rental Funding And Now Bikes Go Dockless Too
The eScooter Rental Money Black Hole
Electric Scooter Rental Overkill?
Lime Poisons The Electric Scooter Rental Well
eScooter Rental Opponents: You’ve Lost. Get Over It.
The eScooter Rental War Chests Increase
How Will Singapore Treat Dockless eScooter Rentals?
The Ongoing eScooter Rental Wars
Bird eScooter Rentals Gets Bigger Wings
San Francisco Begins Electric Scooter Rental Regulations
Boosted Boards Founders Launch Electric Scooter Rental Company
San Francisco To Regulate Electric Scooter Rentals
Electric Scooter Rental: Bird In Los Angeles
Chronological List Of Electric Scooter Posts
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