Archive: Social Bicycles
Social Bicyles: Update
By Andy Gordon on March 11, 2015
Dear Startup Investor: Exciting news for Atlanta residents and SoBi investors… Social Bicycles just signed a contract with the city of Atlanta. It’ll be supplying the city with 500 bikes and 50 rental stations. To refresh your memory… SoBi’s brilliant idea was to put the “brains” of its bike sharing system into the bike itself. Every bike comes with an integrated GPS-enabled locking mechanism. It makes sharing super flexible. Riders can return a bike at a hub location…
Update: MicroVentures Pre-IPO Fund
By Adam Sharp on December 16, 2014
I wanted to provide a quick update on our pre-IPO investment opportunity. So far, our members have invested more than $3 million. Our partner, MicroVentures, was able to open a second fund to accommodate members and we’re in the process of launching a third. Each fund can accommodate only 99…