Pedestrians walk past a Bird Rides Inc., left, and Skinny Labs Inc. SpinBikes shared electric scooters parked on Market Street in San Francisco, California, U.S., on Friday, April 13, 2018. GPS-enabled scooters and bicycles are spreading across several major U.S. cities, driven by a wave of venture capital into a handful of companies. Policymakers are scrambling to find ways to regulate the great scooter boom of 2018. Photographer: David Paul Morris/Bloomberg
WASHINGTON: How fast is the electric scooter-sharing craze growing?
Fast enough to be declared a nuisance and kicked off the streets of San Francisco and a handful of others cities to allow local officials to mull regulations. And fast enough to draw big investments to allow nimble startups to reach billion-dollar valuations.
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