Today's Profitable Mobility Startups Have The "Luxury of Optionality" Says Stifel's Florent Roulet
It’s been a rocky road for new mobility startups these past few years. Late 2020 until early 2022 saw rock bottom interest rates fuel massive funding for all sorts of new companies: many raised far more cash than their fundamentals ever justified. When rates shot up, many companies languished on the vine. They couldn’t raise new cash, but they had enough in the bank to make their deaths rather drawn out.
While that played out, the stronger players clawed their way to profitability. From ridehailing to food delivery, to micromobility and beyond, there are finally impressive transportation…
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