Most cities have a variety of options to get around town but they usually follow specific times and only visit particular areas of town. Walking can renting a car is an option but more often bike riding is the chosen way around town. Some cities now offer bike-sharing rentals but most bike-shares have few points to pick up or drop off the bike. Dockless bike rentals tend to provide more options but are usually best for short term rental times. To solve all the issues with the bike-sharing or rental models, Spinlister allows bike owners to share their bikes with potential rentals similar to Airbnb.
But the service closed April last year, citing an inability to raise new funding. It’s now trading again thanks to Oprah’s favorite philanthropic e-bike brand. More on that later.
Spinlister has come back from the dead before. It was founded in 2011 by twenty-something New Yorkers Will Dennis and Jeff Noh, raising $450,000 in seed-funding including from Brazilian liquor entrepreneur Marcelo Loureiro(he made his money distributing Brazilian rum-style spirit Cachaça in the U.S., eventually selling his company to Campari Milano.) The following year Dennis and Noh renamed the web-only service as Liquid and opened it out to the peer-to-peer sharing of other products as well as bikes. Loureiro balked at this, and by 2013 he had acquired control of the firm, moving it to California, hiring new staff and adding a smartphone app.
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