#1
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What happened to SpeedX? (CyclingTips)
Very interesting article: https://cyclingtips.com/2019/06/what...ned-to-speedx/.
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It don't mean a thing, if it ain't got that certain je ne sais quoi. --Peter Schickele |
#2
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Surprised this isn't getting more comments. Did anyone here back the SpeedX Kickstarter?
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#3
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China is a poster child for mal-investment and over capacity. So, this doesn't surprise me much.
Edit: Oh, even better, after reading the whole article. This is definitely worth a read.
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And we have just one world, But we live in different ones Last edited by MattTuck; 06-13-2019 at 03:04 PM. |
#4
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This was a really well done article. This makes me realize how unsustainable the startup culture is. On another note, I have to wonder whether all the scrapped bikes could go to Africa or other poor countries.
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#5
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Prob'ly no.
Did they use tubular tires?
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#6
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Never heard of it.
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#7
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The video of the bike share graveyard is stunning. The sheer size is overwhelming.
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#8
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Quote:
Much of the start-up culture from silicon valley (and apparently China) is based on a concept called network effects, or network externalities. The concept here is that companies with large networks (ie. first movers able to achieve scale) can reap massive rewards because of these network effects. From that article, it seems clear that this thinking is pervasive. Quote:
I'm not sure what economic theory guides China -- some form of quasi-statist capitalism, perhaps -- not sure that we really have a name for it. But, whatever it is, it seems to have become part of the zeitgeist of getting rich quickly there. I am convinced that future scholars (if they haven't already), will arrive at the conclusion that large scale network effects are just another iteration of monopolistic anti-competitive business tactics. Firms, and I direct this to all firms, not just those in the cycling or start-up culture, need to get back to basics and refocus on offering their customers a "better mouse trap" -- as the saying goes.
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And we have just one world, But we live in different ones |
#9
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The Chinese startups just do it bigger. More money, in shorter time frames mean more spectacular failures. |
#10
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Ah. I just finished reading that article and was thinking of sharing. Interesting read.. and really, one of the better written articles I've read in a long time. More like real journalism with its depth.
I agree on the waste and agree w/ cal. Seems like these bikes could be employed in a 2nd life somewhere for people who could use them. |
#11
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The only thing I remember about the company was the ad that made it look as though the Speedx would be the first bike someone would fall off forward rather than to the side. I couldn't find the facebook ad pic, but somehow the seat was higher and the bars were lower in that ad.
I also recall the integrated speedx-specific computer being the dumbest idea possible. |
#12
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Quote:
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#13
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great article. the goal isn't to produce a usable desirable product but to produce investment capitol and when it fails it's on to the next......
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Cuando era joven |
#14
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this was pretty obvious back then. We're always going through computers, and this thing had no revenue stream to keep development going. It was always going to be trash before the bike was
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