2018 seemed to be the Year of the Scooter. Since then, what have scooter companies learned from 2018, in terms of hardware, workforce, and regulatory challenges? In this podcast episode, I interview the co-founder and President of Spin to provider insight on Spin and the scooter industry in 2019.
If you’d like to read a transcript of this podcast, please click here.
Intro
- Today I’m chatting with Euwyn Poon, co-founder and President of Spin, who will provide insight into Spin and the scooter industry
- Spin started off as a dockless bike share company, but after the Year of the Scooter in 2018, they pivoted to e-scooters and are now launching in cities across the country
- We’ll talk about how Spin got started, its challenges, and more
Interview with Euwyn Poon
- Euwyn has been a few things in his life pre-Spin, including a corporate lawyer, investor in companies
- Saw the opportunity for Spin and was frustrated by what was available
- Introduced Spin at SXSW in 2017, has been growing ever since
- Was inspired by dockless bicycles in China
History of Spin
- Spin’s most popular product has been the electric scooters
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Spin began to get popular in the same way iPod did – had to be early adaptorsHad to be something people could see themselves using
Spin’s Growth Strategy
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Spin acquired by Ford in November
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Has grown exponentially since then
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Growing methodically and scaling
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Not everyone is using cars anymore, and Ford recognizes this
How Spin is Different
- Durability of the product itself
- Treating its workforce better, chargers getting $20/hr and being W-2 employees
- Following regulations
- Learning phase for the industry to see what works best
Outro
- Big thanks to Euwyn for coming on the podcast, I definitely learned a lot about Spin and it was great to learn about Spin’s history
- In addition, I think Spin is a little different in terms of strategy and even hardware
- Spin shows us sometimes it doesn’t pay to be first – learn from the mistakes other companies made
Show Notes
- Euwyn@spin.pm
- Instagram @RideSpin
- RSG091: Nick Abouzeid on the State of the Scooter Industry in 2019
- Bird Zero Review: The New Bird Zero Scooter by Electisan (aka The Tank)
- Xiaomi M365 vs Segway ES2: In-Depth Review of Scooters Bird and Lime Use
- The Rideshare Guy YouTube Channel
If you’d like to read a transcript of this podcast, please click here.