· now, crushed under the weight of personal injury lawsuits and inflation, the company is worth about $1. 3 million and falling and has filed for bankruptcy protection. Thats also known as reaching unicorn status. · worth more than $2 billion at its ipo, bird fell to $70 million 12 months later, was delisted from the new york stock exchange in september — and was bankrupt by december 2023. · the scooter company was once valued at $2. 5 billion by private investors. · instead of changing the world’s transportation and generating oodles of wealth , the scooter startup had racked up $1. 6 billion in accumulated losses as of september. Bird is the fastest. From founding to unicorn in less than a year. · bird global, one of the most recognizable names in the scooter game, has filed for chapter 11 bankruptcy, and wired is going to take you through the whole story. To understand why bird has. · at this round, bird s valuation breached $ 1 billion for the first time. · bird rose to a billion dollar valuation on electric scooters , then collapsed under hardware failures, regulation, and unsustainable economics. Bird , which went public in 2021 through a special purpose acquisition company, has lost 80% of its value this year. Earlier this year, bird.
