Spin - A station-less bikeshare. Pickup and drop off anywhere. 🚲

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I've seen other bikesharing services which all require you to pickup and return your bike at specific stations. Spin just for SXSW (good timing 👍🏼).
Well yes, but their tagline "bike sharing, reinvented" is not true. They are simply copying the successful bike sharing model of Chinese companies like Mobike, Offo and alike.
👋 thanks ! Hey everyone, I'm Derrick, one of the co-founders of Spin. We're solving the last mile transportation problem (), and station-less bikeshare is our first stab at it! Happy to answer any questions you have here 🙌
Where the bikes at in ATX?
I'm currently traveling in china and they have these everywhere it's a pretty awesome system. Their first iteration was the ones that need to be returned to the rack and these are their V2. In Ningbo there are already 2 competing companies. And or course they use WeChat to pay for them :)
f'n awesome
Looking forward to trying this out in SF. I use Bay Area Bike Share all the time but sometimes having to leave it at the closest station near my destination is an inconvenience.
how do they avoid getting stolen?
Use a special and heavy frame. Use cheap parts. Offer for a reasonable price. Give incentives for customers who correct miss-use in-field. And last but not least - track your bikes via mobile network.
i was meaning how to random people not steal them.
Ah. Here they have a spokes lock which you have to unlock with your mobile or you call a number and they unlock it remotely (every bike has a unique number).
Congrats on launching Spin and team! Love not having to deal with specific pickup and drop off stations. Looking forward to using this in the Bay Area!
Nice , did I miss the f&f round?
Congrats Euwyn and Derrick! The bikes are awesome, and I love pick up and drop off type of bicycle services.
It reminds me of ofo & Mobike, the 2 biggest bikesharing services in China. Really hot 🔥 in the public eyes as well as in the VC's mind (both have funded billions of RMB 💰). Basically people use them for short distance purposes (less than 1 km normally). I am curious about what will the market adoption rate be in the States (considering the fact it is A Nation on Wheels)? Any insights to share?
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