…fference between scooter-sharing and its predecessors in the sharing economy, manufacturing, et al. Let’s just call it what it is: Scooter-sharing parent companies wholly-own and operate their vehicles, whereas Uber’s current drivers are independent contractors and Tesla’s cars are owned by independent buyers. The difference between real asset and asset-lite businesses has more of a financial consequence than political.
…s. (There’s a logical fallacy in there, but that’s not the point I’m here to refute, so I digress.) He then extends that logic to scooter-sharing, implying that its centralized fleet ownership makes it, too, susceptible to regulation’s frictions.