The disappearance of Bolt Mobility shows how devastating depreciation can be for IRL startups.

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With the obvious the demise of Bolt Mobility, the gap between tech companies and those just tech-related, is back in the spotlight. When key point of discussion when the IPO market was alivetoday we are sifting through what is left of the micromobility sector, now just depopulated to a new local high.

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Not every great product drives good business. Fashion rental? Great idea, great product, interesting service. But, as Rent the Runway showed during its existence as a public companydoing what people want is not always enough to secure long-term value.

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Credit: techcrunch.com /

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