This week, I talked about how three electric scooter rental companies have expanded across U.S. cities and overwhelmed local governments as their users sped down on the sidewalks, broke traffic laws, and caused havoc for pedestrians and motorists. The three companies, backed by a total of $250 million in venture capital, pitch their e-scooter rental programs as a way to ease traffic in congested cities. One company had to settle a $300,000 criminal complaint in Los Angeles, two companies had to remove scooters from the streets of Austin while they await for city permits, and San Francisco just implemented its own regulations.
Executive editor Danielle Sacks talks about Tom Foster's piece in the April issue of the magazine that explores the world of 400 startups coming out of Wharton business school that are all trying to emulate Warby Parker's success. One company pitches itself as the Warby Parker of underwear, another says its the Warby Parker of tampons, and another company wants to disrupt the way people buy their toothbrush. Can some of these companies catch lightning in the bottle like Warby Parker did by disrupting the institutional eyeglass industry? Make sure to read Foster's piece here.
San Francisco bureau chief Jeff Bercovici discusses his new book, Play On. The book shows how aging athletes leverage science and new technologies to extend their time in the elite world of professional sports. Bercovici writes about how professional basketball player LeBron James can play at peak performance well into his 30s and how swimmer Michael Phillips became the oldest man to win gold medal at the Olympics at age 31. Make sure to buy his book here.