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Seasoned venture investor, senior advisor to global corporations, and a recognized thought leader in big data, digital platforms, and corporate innovation. Author of the book The Big Data Opportunity In Our Driverless Future. Founder and Managing Director of Synapse Partners, a firm that invests in early-stage companies developing applications that combine artificial intelligence with big data. Previously Managing Director with Trident Capital and Apax Partners. Prior to his investing and advisory work, Evangelos had more than 20 years experience in high-technology industries, in executive roles spanning operations, marketing, sales, and engineering. He was the CEO of two startups. He is a member of Caltech’s advisory board, the Advisory Board of Brandeis International School of Business, and the advisory board of Center for Urban Science and Progress. In 2014, he was named a Power Player in Digital Platforms. Evangelos earned a Ph.D. in computer science from Brandeis University and a B.S. in electrical engineering from Caltech.

One response to “Seven Implications to Adopting Multimodal On-Demand Mobility”

  1. Drue Freeman

    Evangelos,
    As always, extremely thorough and thought provoking!

    The scooter/bike thing doesn’t play a big part in your 7 implications, which is good. IMHO, this is likely a passing fad. May not go away completely, but won’t be a major factor in the long run.

    Already ridiculously dangerous, you can’t carry stuff, and the biggest issue is cities won’t tolerate the clutter much longer. People trip over the scooters when they step onto the curbs after crossing the street, they litter the sidewalks, etc.. Maybe I’m wrong (I frequently am), but I don’t envision people going grocery shopping on a scooter, or a group of business people getting from the train station to their next meeting on a fleet of scooters, or a dad dropping off junior at preschool on a scooter, a romantic dinner at a nice upscale restaurant followed by scrounging up a couple scooters from the gutter…

    Even the argument about last-mile Micromobility being good for the environment is somewhat of a stretch. There are armies of guys in old pickups with trailers driving around at night doing nothing but picking these things up and taking them home to charge them and then taking them back to the city before morning. Furthermore, I have seen that many of the big bike sharing companies in China, have already gone under, and there are massive graveyards of rusting piles of ebikes and Li-Ion batteries.

    FOMO certainly drives a lot of investment and valuation in this space, but it doesn’t always make for wise business decisions.

    But, anyway, I agree with most of your conclusions. Your implications are addressing the kind of thinking people need to be doing.

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