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Podcast: The Rideshare Guy Podcast : A Community for Rideshare Drivers | Uber | Lyft | Postmates | DoorDash
Episode:

RSG095: Euwyn Poon on How Spin is Looking to Storm the Scooter Market

Category: Business
Duration: 00:38:23
Publish Date: 2019-05-07 11:00:32
Description:

2018 seemed to be the Year of the Scooter. Since then, what have scooter companies learned from 2018, in terms of hardware, workforce, and regulatory challenges? In this podcast episode, I interview the co-founder and President of Spin to provider insight on Spin and the scooter industry in 2019.

If you’d like to read a transcript of this podcast, please click here.

Intro

  • Today I’m chatting with Euwyn Poon, co-founder and President of Spin, who will provide insight into Spin and the scooter industry
  • Spin started off as a dockless bike share company, but after the Year of the Scooter in 2018, they pivoted to e-scooters and are now launching in cities across the country
  • We’ll talk about how Spin got started, its challenges, and more

Interview with Euwyn Poon

  • Euwyn has been a few things in his life pre-Spin, including a corporate lawyer, investor in companies
  • Saw the opportunity for Spin and was frustrated by what was available
  • Introduced Spin at SXSW in 2017, has been growing ever since
  • Was inspired by dockless bicycles in China

History of Spin

  • Spin’s most popular product has been the electric scooters
  • Spin began to get popular in the same way iPod did – had to be early adaptors
    Had to be something people could see themselves using

Spin’s Growth Strategy

  • Spin acquired by Ford in November
  • Has grown exponentially since then
  • Growing methodically and scaling
  • Not everyone is using cars anymore, and Ford recognizes this

How Spin is Different

  • Durability of the product itself
  • Treating its workforce better, chargers getting $20/hr and being W-2 employees
  • Following regulations
  • Learning phase for the industry to see what works best

Outro

  • Big thanks to Euwyn for coming on the podcast, I definitely learned a lot about Spin and it was great to learn about Spin’s history
  • In addition, I think Spin is a little different in terms of strategy and even hardware
  • Spin shows us sometimes it doesn’t pay to be first – learn from the mistakes other companies made

Show Notes

If you’d like to read a transcript of this podcast, please click here.

The post RSG095: Euwyn Poon on How Spin is Looking to Storm the Scooter Market appeared first on The Rideshare Guy Blog and Podcast.

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