Duggan: Scooters are here to stay

[Johnnny5]

Like them or not, I don't think we'll need to worry about these scooters for long. These rental companies are simply hemmoraging too much money. It's just not a sustainable service to have an unprotected market and leave $1000 scooters on the street charging people a mere pittance to use them. As interest rates rise, and the number of willing investors evaporates most of these ridiculous money losing startups are going to go belly up.