1 Comment

When blitzscaling was sweeping across Silicon Valley, Bird became a poster child of the belief that the venture with the most VC money has an unassailable competitive advantage. At the time, Bird became the fastest venture to achieve unicorn status.

But what Bird really demonstrated was that when a company with a flawed business model attracts the most money, its race for global domination often turns into a race to oblivion.

As for the new CEO, I'm glad you write more clearly than Torchiana's statement of Bird's strategic intent, which sounds like a tortured mashup of consultantese English.

Expand full comment