A Bird scooter, for instance, will conservatively gross about $10 a day, according to Bloomberg’s Brad Stone. That’s five short rides, give or take. The scooter needs to be recharged – a job done by gig economy contractors who are paid $5 per recharged scooter – so the net profit per day is $5. With those figures, a $300 scooter with $50 worth of modifications including the GPS tracker and locking mechanisms, then pays for itself in two months.
Err, no. That’s the gross profit.