Unicorns are a rare and beautiful thing, and in the business world, they’re stunningly profitable for early-stage investors. Defined as a start-up that reaches a billion-dollar valuation, it’s every small-scale entrepreneur’s dream to build a headline-grabbing unicorn – and every investor’s dream to take a position in a unicorn and watch the revenues explode.
The growing trend in electric scooters (e-scooters) has given the business community a unicorn that few expected: electric scooter start-up Bird, the fastest company ever to reach a valuation of a billion dollars. In terms of sheer velocity of growth, Bird handily outpaced all previous start-ups:
Courtesy: qz.com
Heads turned and the media was suddenly paying close attention to the e-scooter market, which has been growing by leaps and bounds. Millennials in big cities, where people usually take short trips and don’t want to be bothered with oppressive traffic conditions and scant parking spots, find electric scooters especially appealing.
The next thing you knew, ride-sharing giant Uber and Google parent Alphabet were jumping into the fray, leading a group of investors pumping millions of dollars into Lime, another scooter-sharing start-up company. With that round of fundraising, Lime’s valuation attained a whopping $1.1 billion.
And by that time, Bird’s valuation was upwards of $2 billion. Investors were clearly showing interest in the burgeoning e-scooter ride-sharing industry, with its strong appeal to the highly coveted millennial demographic in major metropolitan regions, as well as cities hosting or near college campuses.
Besides, riding electric scooters is just plain fun. Even stodgy New York Times business columnist Kevin Roose, who once wrote that he “wanted to hate the scooters,” had to admit after trying one out that e-scooters are actually “pretty great” and that “if liking fun, inexpensive, short-distance transportation is wrong, I don’t want to be right.”
93% Of Investors Generate Annual Returns, Which Barely Beat Inflation.
Wealth Education and Investment Principles Are Hidden From Public Database On Purpose!
Build The Knowledge Base To Set Yourself Up For A Wealthy Retirement and Leverage The Relationships We Are Forming With Proven Small-Cap Management Teams To Hit Grand-Slams!
The next massive cash infusion into the e-scooter space came from Ford, which announced its acquisition of scooter-sharing company Spin in November. One source reported that the automaker had invested $200 million into Spin – and we can only wonder which e-scooter start-up might be the next target on a mega-corporation’s radar.
It could easily be the hottest up-and-comer in the e-scooter ride-sharing space, LOOPShare Ltd. (TSX-V: LOOP, OTC: LPPPF). LOOPShare has been in the news a lot lately, particularly with the acquisition of celebrity and business mogul Ray J’s hugely popular Scoot-E-Bike business.
Courtesy: Ray J, Instagram
Ray J is well-known to urban millennials and will continue to be a strong advocate and brand ambassador for LOOPShare. He has every reason to promote the brand and the company’s growth, as he will control close to 19 million shares as a result of the acquisition agreement.
Think about it: the e-scooter industry already made history with the fastest unicorn ever, and now with the Scoot-E-Bike acquisition and Ray J endorsement, the electric scooter industry could easily shatter more records with LoopShare.
At a mere $7.5 million, LOOP’s valuation is ridiculously low right now – and I’m saying “right now” because I’m concerned that the $7.5 million figure will be out of date by the time I publish this. The way I see it, just the fact that LoopShare owns 100% of Scoot-E-Bike is reason enough to take a position in LOOP/LPPPF shares.
Don’t be surprised if this red-hot start-up becomes the next scooter unicorn – and when it comes to “unicorn velocity” in 2019, I’m bracing for light speed with LoopShare Ltd.
Best Regards,
Daniel Ameduri
FutureMoneyTrends.com
Editor’s Note: I’ll be making this a core position for myself and family.
93% Of Investors Generate Annual Returns, Which Barely Beat Inflation.
Wealth Education and Investment Principles Are Hidden From Public Database On Purpose!
Build The Knowledge Base To Set Yourself Up For A Wealthy Retirement and Leverage The Relationships We Are Forming With Proven Small-Cap Management Teams To Hit Grand-Slams!
Legal Notice:
This work is based on public filings, current events, interviews, corporate press releases and what we’ve learned as financial journalists. It may contain errors and you shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility. The information herein is not intended to be personal legal or investment advice and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought.
Never base any decision off of our advertorials. Future Money Trends stock profiles are intended to be stock ideas, NOT recommendations. The ideas we present are high risk and you can lose your entire investment, we are not stock pickers, market timers, investment advisers, and you should not base any investment decision off our website, emails, videos, or anything we publish. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. Information contained in this profile was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable. Never base any investment decision from information contained in our website or emails or any or our publications. Our report is not intended to be, nor should it be construed as an offer to buy or sell, or a solicitation of an offer to buy or sell securities, or as a recommendation to purchase anything. This publication may provide the addresses or contain hyperlinks to websites; we disclaim any responsibility for the content of any such other websites. We have been compensated by LoopShare Ltd, two hundred and fifty thousand dollars for a three year agreement. In addition to shares we have also participated in a recent private placement for the company. Please use our site as a place to get ideas. Enjoy our videos and news analysis, but never make an investment decision off of anything we say. Please review our entire disclaimer at FutureMoneyTrends.com