Too Long; Didn't Read
If you’re like most, you’ve been stunned by the news of the top two e-Scooter companies, both less than 2yrs old, raising hundreds of millions of dollars despite seeming regulatory concerns. Lime raised $250M from GV (formerly <a href="https://hackernoon.com/tagged/google" target="_blank">Google</a> Ventures, who also invested in Uber) and word is that Bird Rides is raising something close to $150M from Sequoia. Too much money at Crazy valuations!! <em>You scream</em>. But there is sense behind the seeming madness.