Miami-based Bird files for Chapter 11 bankruptcy, listing $100M to $500M in liabilities; the NYSE began delisting the e-scooter rental company in September 2023
Miami-based Bird files for Chapter 11 bankruptcy, listing $100M to $500M in liabilities; the NYSE began delisting the e-scooter rental company in September 2023
The Miami, Florida based company listed assets and liabilities of between $100 million and $500 million in a court filing.
Filing: Bird overstated its revenue for over two years by counting unpaid customer rides; valued at ~$2.3B in its SPAC merger, Bird now has a ~$104M market cap
the jig is up https://twitter.com/... https://twitter.com/... Kirsten Korosec / @kirstenkorosec : Been an interesting morning already in mobility land. Faraday ‘nine lives’ Future reaches a deal to ra...
Docs show that Bird is preparing to go public via a SPAC merger at $2.3B valuation; Bird expects to trim adjusted EBITDA loss to $96M in 2021 vs. $183M in 2020
Bird Rides, the Santa-Monica e-scooter company that was once a startup darling but saw ridership plunge during the pandemic …
Bird's Fleet Manger program, effectively a franchise model, has saddled some contract workers with debt on scooters they do not own amid the pandemic downturn
One Bird Charger estimates that he took on $40,000 in scooter debt — the time that Daniel got a surprise call from someone …
Bird adds $75M to its Series D, bringing the total raised in the round to $350M, acquires European scooter-sharing startup Circ that was previously called Flash
Kyle Wiggers / VentureBeat :
David Sacks' Craft Ventures, which led Bird's Series A round, has closed its second fund with $500M, up from the $350M it had closed for its debut fund
Craft Ventures, the venture firm launched in 2017 by serial entrepreneur David Sacks, has closed its second fund with $500 million …
Bird raises $275M Series D led by CDPQ and Sequoia Capital, sources say, at a $2.5B pre-money valuation
Data Sheet Wanguba Muriuki / Coinspeaker : Electric Scooter Startup Bird Acquires $275 Million in Funding, Hits $2.5 Billion Valuation Kyle Wiggers / VentureBeat : Bird raises $275 million at a $2.5 b...
Sources: Bird is raising a Series D round led by Sequoia Capital at a $2.5B valuation; Sequoia led Bird's $300M Series C in June 2018
Bird is raising a Series D round led by Sequoia Capital at a $2.5 billion valuation, TechCrunch has learned. Sources, however, did not indicate the size of the round.
Sources: Bird lost about $100M in the first quarter, with revenue shrinking to about $15M, and the company told people that it has about $100M in cash left
The wintertime was bleak for Bird. In this year's first quarter, the electric scooter operator lost nearly $100 million … Tweets: @alexeheath , @mdudas , @coryweinberg , @darth , @edzitron , and @kev...