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Over the past year, electric scooter startups have erupted as the next set of startups with billion-dollar valuations and unicorn status. Companies like Bird, Spin, Lime, and others have taken on large investments from Alphabet, Uber, Lyft and more. The problem that electric scooters are solving is very clear, they are helping ridesharing companies to cut down on the short two to three block trips which cost more to take on with an automobile. They are also providing rideshare companies with more transit data on people moving around cities.

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