Shared electric bike and scooter services are constantly at war with each other — whether it’s battling for an operating permit in a highly coveted market, raising a massive round of funding or making a key hire. Today, the war continues with Lyft’s recent hiring of Eugene Kwak, Bird’s now-former head of vehicle product. Kwak’s first day as Lyft’s head of hardware product for bikes and scooters was this past Monday.
Bird has been on a tear as of late, between actively raising a massive D round at a $2.5 billion valuation and having been one of the first scooter startups to deploy its own custom-built scooter. The in-house scooters, previously overseen by Kwak, have proven to have a positive impact on Bird’s unit economics.