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“In case anyone wonders why we have so many dockless bike shares in DC”

by Prince Of Petworth October 16, 2017 at 1:00 pm 0


Lime Bike photo by Juanita from a space near 2nd and Randolph Pl NW

Thanks to a couple readers for sending. Valerie writes:

“In case anyone wonders why we have so many bike shares in DC, it’s because VCs keep throwing money at them. From today’s Pro Rata newsletter:

LimeBike, a San Francisco-based bike-rental startup, has raised $50 million in Series B funding. Coatue Management led the round, and was joined by Andreessen Horowitz, DCM, GGV, Section 32, Yuri Milner and Kevin Durant.”

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