This KILLED BOOSTED Board. Is ONEWHEEL Next?
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- Опубликовано: 8 июн 2024
- **UPDATE 4/16/2020** Please read my Boosted Update here: oneradwheel.com/boosted-board...
Boosted was once king of the electric skateboard. Now they are on the verge of going out of business. How the mighty have fallen. In this video I explain why Boosted Board failed and I compare their business practices with Future Motion, the makers of the Onewheel. Is Future Motion doomed to follow the same course as Boosted? I explain why and why not.
my blog: www.oneRADwheel.com
my IG: / oneradwheel
Reading list:
Boosted Board Farewell Letter: blog.boostedboards.com/a-mess...
www.theverge.com/2020/2/5/210...
techcrunch.com/2020/03/04/boo...
/ if-you-take-venture-ca...
www.nytimes.com/2019/01/11/te...
Future Motion business info:
www.sec.gov/Archives/edgar/da...
www.crunchbase.com/funding_ro...
Thanks to Ryan H. for helping me with this video!
Music: www.epidemicsound.com/referra...
A production of Just Create Ltd.
#onewheel #boostedboard 
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its funny u used a silicon valley clip cause all i was thinking about this episode lol ruclips.net/video/s1w5R2PGCb4/видео.html
This clip is perfect! The guy sitting in the right is totally Boosted!
Lol
Why
The target audience couldnt afford these boards. Imo if they were cheaper, they wouldve become mainstream 🤷🏽♂️
Yea i agree it would have been sold more if it was at least £400 or £500
Yep I’ve been watching them for years and just never worked up the courage to throw a grand at it you could look at a decent used moped at that
Exactly what I thought. I was so ready to buy if they lowered the price.
True, I wanted one but was like "how much?, Nope."
If you look at the parts, the battery, motor, and controller are your most expensive parts.. I think a company with deep pockets could come in and drop the price of the XR to 700. They are also selling accessories for an ungodly amount. Pieces of plastic that cost $100? I think its a matter of time before someone does it better and cheaper.
I'm surprised boosted couldn't stay afloat considering how many Casey Neistat purchases
They gave him for free
When Chinese companies start knocking them off and selling them for $200, it's hard to compete.
Nick Twaddell no company is selling an esk8 for $200.... $400 sure
Ekonomiks
@@2fast2nick Have been using a $399 Chinese board for around 2 years it holds up decent everything is perfect but every 6 months i have to fix/replace something minor
Here's an update as of 4/16/2020: oneradwheel.com/boosted-boards-failure-bankrupcy-update/
ooof, boought out by lime. I can't deny that dockless scooters make so much more sense as a last mile solution
It’s sad to see a huge business and one of the first electric skateboard producers go
Nathan Sorensen so true, with brands like Meepo that exist, there is no reason to spend 3 times as much money for the same specs
Robbie Tobin yeah or exway or another budget skateboard company
They are so overpriced and can still go down. It’s just bad management
Don’t forget VC brought us gems like Theranos and Juicero
Theranos! What a great idea! Too bad that's all it really was.
But the market is so efficient...
God I really hope future motion doesn’t die
Honestly, I can see Future Motion going downhill due to a lack of innovation. Their product hasn't really improved over time, which leaves more room every year for competitors to make something better.
From a guy looking for as much information as I can find on this topic, this was a GREAT video! Many thanks!
I sure hope One wheel doesn't go anywhere. I love my one wheel
Interesting...didn't know Boosted Board was laying off. As long as folks don't get greedy I think OneWheel will be around for a while. I think they've got a great product. They just need to keep tweeking it (better safety features for the nose-dive issue). Hoping they stay American based as well..that's a big plus in my mind. Would love to see more small businesses succeed in the US.
Them being based in America (and even worse, California) is why they cost $2000. If they outsource their manufacturing and make things cheaper more people could buy.
@@elbuhdai605 yeah because some kid will be making it in a factory so that’s not the coolest
But they are greedy alright, you can't make even a TINIEST repair on your own, or the warranty becomes void. Hell, you can't even change the tire without fking up your warranty lol. And they won't even touch your board if there's no warranty sticker.
When it comes to where they are based... I dunno, it may be "developed" in america, but most of the parts are from all over the world. European electronic components and parts, chinese chargers, etc.
Boosted was always overpriced and they didn't innovate. They thought their initial reputation would sustain them...
It’s really sad. They helped bring a community together when I was the aus brand ambassador for them. Miss doing group rides with them
Sorry but they set you up to waste more money.... overpriced, over maintenance and its inconvenience when the batteries die. It's like making a gas car an electric car.... Its expensive and faulty. Why not make an electric car from scratch? Any companies with Hub motors is staying and making better sells. Boosted just advertised the shit out of their products compare to the rest... When someone asks me, is that a boosted board? Nope! Boosted sucks
@@diamondshard2 I owned a boosted board and honestly it was not worth it. The one wheel on the other hand is hands down way superior than the boosted board.
@@mr46196 why?
I mean, is this not what Future Motion is doing? They are not innovating on their product, it has loads of small improvements & refinements that could be made, but none are. It's a good product, yeah, but it gets more and more stale every year as issues are identified and not improved upon.
Onewheel is by far the most unique board riding experience that exists...nothing else like it. Boosted is just an electric longboard with a remote... where as Onewheel offers SO much more they really can't even be compared other than the fact that they're both electric. Float Life!
Lol I wish I could laugh react this
Great analysis Jimmy! I really didn't expect Boosted to last very long after seeing they left one small market to try and make money in another small market. Both markets being saturated with Chinese dominated products that were just getting better and less expensive. I think the original Boosted founders saw this coming and he left at the perfect time (at the height of the Neistat marketing boost). Once a more traditional CEO joined that didn't really understand what made Boosted so great things were bound to go downhill fast. The lackluster launch of the Rev just expedited the issue. I have been into electric scooters for a long time and know it very well. Once I rode the Rev and saw what it would face in the near and long term I knew Boosted would be in trouble. There aren't enough Boosted fans that wanted a scooter and anyone that had any experience with scooters knew there are better options around.
I think Future Motion should be in a better place. The CEO is still there and he seems fine not growing very fast. It is also cool that he is the most avid Onewheel user around. The 3.2M from VC may have already been paid off with the good launch of the Pint. There have been no solid knock-offs of the Onewheel yet. It still holds a unique place in the PEV world. It may also stay there for a while as the market for EUCs and the Onewheel is very small relative to the other PEV options. If Future Motion is cool with just staying profitable and not going public it may be able to be around for a bit. There are plenty of companies around that are profitable but will never go IPO or want to sell off.
Bro you have the best videos man... My pint coming this Friday!
I hope you love it!
Great informative vid Jimmy. Say, I have a question to ask you. When I got my onewheel I threw out the orginal box it came in, if I want to ship my onewheel where can get an exact similar box to ship my onewheel?
Jimmy, love the videos. I live at the beach, east coast, is it ill advisable to ride either a EUC or one wheel on the beach? Will it damage the device from the salt in the sand? Is one better than the other ? Thanks
Amazing work Jimmy! you really have a talent for seeing and investigating the heart of the matter! well done and thanks for your support of the OneWheel! Let the good times roll! and continue to roll!
Appreciate the support Rick!
thanks for the sobering view of how challenging success in business can be when you leverage it with other peoples money and therefore have to dilute vision and trajectory of the company
Incredibly good video 👍🏾
Super informative, interesting and well-produced.
Jeez. Your videos lately hitting hard. Well created. Making more of them. Better editing. Everything.
Thanks William. Appreciate the feedback.
3:14 man that didn't age well
Cade Johnson Hahahaha I was just thinking about that
Just wash your hands guys! No worries!!
Great analysis @Jimmy Chang, I think you nailed it on the head by putting Boosted's issues' fault on the excessive VC funding they raised.
Without the pressure for hypergrowth, I doubt that they would have taken the risk of competing in the e-scooters' crowded market, instead of continuing to lead in the e-skateboards field, or at least not as aggressively as they did.
What's ironic about this, that I'm sure you already know but didn't mention in the video, is that they had an obvious warning of the risks involved through Inboard Technology's demise, which after introducing a very promising e-skateboard (the M1) went belly-up when trying to penetrate the e-scooter market!
Nicolo' Brentan inboard got eclipsed by competition that offer superior range and speed and other brands have changeable batteries they never released successors
Onewheel fan base might wane due to their repair system. They totes need local repair shops.
Future motions seems to be in a healthy place. Like you said they’re still very niche which is good because they don’t have to worry TOO much about being too expensive.
I think their next opportunity for growth is going to be dependent on battery technology so they can make longer range board for cheaper. $1,000 is still too much for most people as an entry level hobby.
It would seem that a lot of people don't think that is too high a cost for the product, and as Jimmy mentions in one of his videos, the cost is in line with an expensive cell phone these days. I was actually thinking of upgrading to the iPhone 10 when I found out about the Pint, and put my money there instead. So glad that I did.
I very much agree with your assessment of Onewheel being a niche market for someone looking for the kind of ride only this board provides. That is what did it for me as a long time snowboarder. I never was really very enticed by the idea of riding a scooter, hoover board, or electric unicycle. If I want better speed or range, I'll take my motorcycle.
The one wheel is not going to take off either haha... Believe me, the one winning and they will stay winning is Hub motor companies. I noticed a ton of boosted people completely ignore Hub motors because it is actually winning. At $400 a board... Who's not going to jump into the hobby?
In Europe the onewheel XR is 2000€. An Iphone is 1000€ (which is super expensive for a phone). Majority of people are bying 200€ phones so yeah it's too expensive when they sell the XR at 2000€ instead of 1800$ or the pint at 1200€ instead of 950$ (I know VAT, customs... yeah but the benefits of the end seller is way too big I think)
Their main board is $1800 and there's a long waiting list for the Pint. They seem to be doing alright
Does not explain why it's way more expensive in € while $ convertion value is lower
Articulate and insightful. Great rundown of boosted's situation and what can happen when you leverage yourself out of your own business. Great editing, too!
Thanks! It was fun to make.
i had the v2 and then the stealth-loved them both but ended up selling both while they were popular. They are a quality product. I now have a couple evolve boards and a onewheel xr, curious what evolve is doing. My onewheel has taken the majority of my time.
You said it at the beginning tho , everyone is looking for fast millions ... not for organic growth, thanks for video tho ♥️ nice to see such a intelligent content
Always so informational! Thanks 👌
I think a huge part is the fact that they are just as much, if not, more than the One Wheel XR and/or Pint. But, they are longboards. You can go over grass, gravel, sand, etc. with a One Wheel, but, from personal experience with a longboard, you hit a small pebble on the sidewalk just right, you get STOPPED right there and fly off. And also, they both have around the same performance, speed and range. But also, the One Wheel is just so much more rugged, has no remote you have to constantly use and make sure is charged on top of the board itself, One Wheel has WAY more customizability while Boosted has like, none, and, hey, it has tail and head lights.
Exceptionally lucid. Thanks for taking the time.
Hey! I need an opinion on something. So I’ve been saving up for a Onwheel Pint for a while now, but after more and more research I’m starting to see the safety concerns of the device. This is more concerning to me than most as I play instruments that really require hands (Piano, Cello). Body parts I like to use for playing music, but I also want to experience that stoke that everyone talks about when talking about Onwheel. So, should I get a Pint or not?
Nooby Frog I recommend getting a regular push longboard to get used to riding and carving and practice jumping off at slow speeds. Pint is very safe with some practice.
This is the most accurate take on all of this.
Hey Jimmy, what do you think about Summerboards? Got my onewheel xr back in February, in part due to your videos! Just came across the summerboard and haven't seen much on it.
Summerboards are rebranded Leiftech boards that have been out for a while. Looks cool and I've known people that have owned them but I've never tried it and I don't hear much about them, not sure why.
@@freshlycharged Interesting. Thanks Jimmy! Keep making content!
Good analysis Jimmy. May Future Motion have a long life as company. I trust they will create another awesome device while learning something from Boosted Board, (i.e. don’t go into the market of an over saturated product) stay unique, and continue to build high quality products for an end user.
The limerick at the was a nice touch Jimmy
Thank you for sharing your knowledge with us.
Nicely covered. I just hope one wheel becomes more affordable and higher volumes can also profit them from after sales.
Great video, very clean cut and explained venture capital well. I think it would be a shame if Chinese companies bought up the likes of Boosted and Future motion. Would be great to see these companies manufacturing in their home countries like the US. Would lead to more jobs and a greater pride in the product.
I found boosted and one wheel to be wildly over priced tbh. There are so many small ESK8 companies popping up that are getting the same speed and distance as boosted board did but are 1/2 the cost or even less.
*Wildly*
I dunno, one wheel has some good tech and you can rely on it to bomb down hills with. California made too means expensive
Just got a lycaon, on sale for 400 bucks.
Half the cost and double the range
What is a cheaper version of OneWheel? I owned Backfire G2, but right after riding on OneWheel I understood how great it is for the city. Normal board is limited to good quality of surface to drive on, which in my city is not existing.
Wow, nice analysis Jimmy, & great analogy to Segway. I really don't want to see a scooter with one wheel or a Onewheel-branded scooter. By organically growing I think you mean through the profits made from the sale of its own core products. I don't know anything about the cost of production and costs of selling of the Onewheel but given how they've been coming out with new & improved versions the original Onewheel over time, which have proven to be popular, coupled with only a relatively small amount of investors, I am guessing they're in good shape.
I don't have any information regarding OW's production costs nor therefore Future Motion's profit margins, but I do know that they leave relatively little margin for retailers. The gross reseller margin (MSRP - wholesale price) for the OW is only 20-25% vs. 30-50% for most other micro-mobility vehicles (with Chinese e-scooter often even above 50%).
Furthermore, they have stringent vendor agreements that forbid most resellers from selling OWs online to prevent cannibalization of their direct online sales (which give them the highest profits) or even from selling 3rd party OW accessories, since they wouldn't make any profit on those.
I think they are in a pretty good situation right now, but they are allowed to operate in this fashion and keep their progit margins high because they don't have any truly direct competitors (I consider e-skateboards to be indirect). So it will be interesting to see what would happen if and when they'll get serious, direct competition; what's sure is that the consumers would benefit!
@@nicobrentan Nicolo thanks for that Insight on profit margins and that other information too!
Thing is, those Chinese knock offs are better than boosted boards for a fraction of the price
I've been using one for years and it still runs perfectly
GT is here bro, definitely killin it in 2022
I work for b8ta palo alto, and boosted has been struggling recently, last week they just left our stores worldwide. I kinda saw this coming.
Even with all that VC money they only offered esk8s with street wheels vs. Evolve’s all terrain Bamboo/Carbon series. I rode an Evolve Bamboo GTR and the larger all terrain wheels (with the option to add knobby tires) allowed me to go further on my commutes. But the motors on the Evolve boards were prone to failure for me because they are exposed by vents, a point of weakness up here in Canada during the winters. I ended up grabbing a second board from China from Backfire. I wouldn’t say that Chinese esk8 brands are knock offs, they just spend a bit of time figuring out where other brands are lacking and then offer a product to fill the void. Fast forward to today, my esk8s are great, but limited in more varied off road terrain due to low clearance, especially with the battery under the deck. I’m now waiting for my One Wheel to arrive as I’m going through the motions of not being in motion during a lengthy stay at home lock down.
I mean... Their name is FUTURE Motion...
I love my pint 😊
The Onewheel is a really special product. Boosted boards don’t go off-road. And the smaller wheels are just scary in general. I’m a skateboarder. I never liked riding near cars because I knew I could hit a pebble and be screwed. And forget about cutting through alleyways with giant cracks and potholes etc. The Onewheel is a game changer. You can basically snowboard without snow, or a chairlift or lift pass etc. Snowboarding is expensive and it’s a huge market. The Onewheel is actually cheaper by comparison. I don’t have to drive 100km, buy a lift pass and buy all the gear needed to snowboard. It’s a perfect product. So I think they have a great chance of sticking around. Fingers crossed!
Higher pressure to appeal to a wider customer group took imo their most precious trait: Focus. Access into a whole new segment with the rev, combined with the tariffs (not corona lol) must have meant a ton of new challenges for Boosted. I always liked them and drive a mini since 2018. Believe that wasn't the path that the original founders visioned from 19 on. At least they brought a lot of talent and attention into the electric skateboard world and will forever be the OGs
Shoutout to Boosted for paving the way. It's what got me to buy my first boards (from cheaper competition mind you) and what eventually led me to OneWheel. The path they've paved should not be forgotten.
great analysis - I think OneWheel’s niche status and grip a on a relatively well heeled market (I mean how many people have an XR and a Pint) mean as long as they don’t go crazy with debt or dilute their equity too much they’re going to be around for awhile.... That moat around their market is pretty thick. I don’t think anyone else wants to invest the capital on the R&D to get around the patent monopoly on component arrangements FutureMotion has and then invest the capital on production and marketing. You’d need to take capture market share of Future’s small loyal niche market or expand that that market with a tester product.... that’s pretty hard on a product that has a big learning curve already.
I actually think the future of OneWheel is to push for better combinations of weight and range as well as the UI experience of the board without diminishing its underlying ride experience. Imagine a more powerful motor to reduce pushback at speed (since it can balance more weight), introducing visual or audio cues for safety, more advanced batteries for longer range and power, ergonomics and lighter weight for portable.... I hope all the profits from us early adopters is going into the composite material, motor and component research for this next gen bad boy. It’ll help broaden the market incrementally with a safer and more accessible product as well as push a whole bunch of second hand boards into the market to widen the experience for those on the fence.
Maybe a pint pro with some of these characteristics for city commuters and tricksters and an XR Pro for speed demons, trail riders, long haulers etc.
Or maybe a GT...
A terrific and well researched analysis. Very well done!
another great video... thanks for the insight jimmy. ;)
Interesting to see boosted go down like that, I always thought they would keep producing and innovating! Really hope Future Motion veers away from this, although the price is most likely keeping it from going more public. Just short of $3k here in Canada (for xr+)
Was waiting for your opinion on this!
Hope I didn't disappoint.
My boosted app won’t connect to the board anymore. Anyone else having this issue?
Could you imagine riding around town in one of those chair segways that's fucking hilarious xD
Doesn't help that onewheel literally costs you your life to buy.
Not to buy, but your right if you use it on the daily.
One Wheel vs car's and truck's on the road in terms of safety will always lose
It will only be a niche product till those are gone.
On the upside you can't get Covid's standing on a Boosted or One Wheel but you may on a bus, subway or ride-share.
Better to stay at home watch YT vids and order moreTP from Amazon while you wait for Pooaageddon.
@@mrCUTNPASTE one wheels aren't anymore dangerous than a skateboard or a bike
@@mashedt8rs290 Agree...the only real safety issue that I think OneWheel under-addresses is the nose-dive issue. I feel like it would be less of an issue if NEW OWNERS fully understood the issue. OneWheel could certainly do a better job promoting or explaining the limitations of the board. Better yet, I would still like to see them create a mechanism which SLOWS the board, instead of the motor just cutting out. Yes, totally get it's explained in the manual but lets be honest...when you first buy the board that's were I feel 99.99% of those nose-dives issues come to light. Make that mistake just once and you've learned but it shouldn't take that mistake for awareness. They can do a better job communicating this flaw in their board. Love my board! Have had it now for nearly 2 years. One nose-dive (knock on wood) when I first got it...and several hundred miles later no issues and still loving the board.
@@RGMGFitness well said, couldnt have said it better myself. Maybe they could put a skate rail on the front of the one wheel so if anybody does scrape the nose it wont just send them flying right away? I'm not sure if that is the issue or not but its worth a try
The pint addresses these issues. Haven’t seen a pint nose dive yet. Likely the next xr series will be much safer and slicker looking.
hey man loved the video, i been doing some market research for one of my classes in school, Exway doesn't seem to have any investors, and they have close to zero marketing. the marketing they do have are from reviews from other skaters. pretty intresting and it seems they are doing very well.
I have an Exway. Good board. My son prefers it over the Onewheel to get around. I've done a video on it in the past.
Love these documentary esque videos
Legit why i left a public company to work for a private company. I hated busting my ass making improvements to a company for it to do no good actually helping the company or employees experience directly.
I think you missed option 3, profitability. That's still a viable path for companies with investors.
that's not what VC's want though. They're basically gambing on a bunch of longshots so that the few that succeed, succeed so hard that they offset all their other losses. Steady but low growth isn't what they want, either succeed or die
Wow that was a great video as always
Thanks! Enjoy your videos as well.
Brilliant and informative analysis. A refreshing change from the "review of the latest EUC" videos. This ties in with Hsiang's 'Death of American Innovation' video. Let's hope onewheel maintains its conservative approach and thrives. China's policy of using American R&D and innovation to flood the market with ever-cheaper lower-quality and less-safe knockoffs is devastating.
Business analysis pretty good. Product analysis, MIA... and there is the problem. Stealth $1599, mini $999, Plus $1399, mini S $749. It’s 2020 and the highest priced board is $1.6k price is the PROBLEM. That board has to be $500-$600 and all other models fall under that. Insane if they think that has legs. That’s my humble opinion
Now One Wheel... yes that will follow too unless they find a sucker to buy its IP. But this product too is way over priced and has an inherent flaw, where the rider will eat it at some point. Because you are tilted forward and at speed, the rider has less a chance to recover! That’s my humble opinion on both
Thanks! I learned a lot!
Great information Jimmy!!!
I've done some analysis of the boosted scooter. I've personally done a full disassembly in search of manufacturing analysis. This behemoth was INSANELY designed. The manufacturing cost was ridiculous, with all kinds of different operations.
Their profit margin was slim. They weren't price gouging the purchasers, the product itself is costly, and that's why it couldn't sell.
I think another thing is that a skateboard is limited sometimes. When it's raining or there is wet pavement, it's going to lose traction easily. The Onewheel has more tire contact. Same thing with an EUC.
Niu has led the way on how to expand and grow correctly. They moved into the scooter market with a very sturdy, high quality, inexpensive, competitive product. They stood by it with a 2 year warranty. And now scooter channels on RUclips are singing their praises
My boosted died the day I got my Onewheel! 😎
You like it that much? That is awesome, I am thinking about ordering one
@@2fast2nick if you have any trails or a bike park where you live, it's not even a question! So much better!
Does this mean now is the perfect time to buy my first Eboard?
Every time jimmy has words of wisdom👌🙏
I was debating between the exway x1 pro riot and the boosted stealth. Glad I went with the exway
I see the same story happen over and over again in the esk8 community. It goes like this:
Person buys a boosted board.
Person goes on a group ride.
Person realizes they just wasted a bunch of money because their board sorely lacks behind everyone elses.
Person sells boosted to the next sucker and the cycle continues.
The cycle looks like it ends here.
Oh please 🙄 Regardless of their poor investment decisions, I still stand proudly behind my Boosted Board.
Yep! Sold mine! Lol sucker
i bought a Black Hawk and love riding behind the lycra lot on $4000 race bikes. kinda pisses them off after a few mile's as they cant keep up the image : )
Good stuff I’m sure this is what happened to enertion Raptor?
i always felt like "why a boosted board?" and i think maybe a few more people felt that way too... the onewheel on the other hand...
I was thinking about doing a mini x vs. one wheel pint video, but I guess im going to need to cancel that. I loved my boosted board and now I feel like my new daily has to be my onewheel.
For me it was the price that had me looking elsewhere - I ended up with a Bustin Yoface hybrid.
Rakonus and honestly I think They are going to be the new booster board I just bought a Boston board came in last week and I’m loving it it’s way better than the boosted a mini ex I have and it has a longer range for the most part
I have another question where can I get new bearings for my Onewheel XR and who can install them?
The onewheel wiki is great for finding that kind of info, see onewheel.wiki/Tire_replacement
Watching this again a year after the upload…. I think your analysis is correct. Onewheel has stuck to a conservative game, kept doing what they are good at, and resisted the urge to constantly try to 1-up themselves…. Just staying as the “OG” product in the niche they created. I am further encouraged by your recent review of that other knockoff 1wheel…. It looks like imports are having a hard time replicating the smooth simplicity of of the onewheel. That’s good news for FM and those of us who love their product.
Thanks for the feedback! Did this video over a year ago when COVID was just brewing. Back then, who knew we'd still be talking about it today...
Great video once again.
One thing that will help the one wheel is the boosted board died cos it was so expensive and people who wanted it went for the knock offs but there aren’t any good cheap knock offs of the one wheel
Problem with mom and pop is you also quickly get outdated and being the 1st to market can establish the brand to be synonymous with electric skateboard but everything you said makes sense too...
I don't want any Chinese company getting involved with Onewheel's production. So hopefully that doesn't happen.
They already use chinese products. They tote it as "Made in America" Not that that by itself is any indication of quality, mind you, but it's more "assembled" in america. The frame is CNC milled in the states, the stuff inside it is made other places.
Why not?
pls move ur lazy as s body and escape from that 100m deep well
@@jasip1000 so that he can spend $1500 on a onewheel
Pm C yea I would rather pay 600 dollars, for the same Chinese product.
Too expensive. I’ll spend much less on a cheaper board that can do the same thing.
Are onewheels wworth it? I'm either deciding to buy a onewheel pint or a meepoboard
Excellent breakdown! Terrible bankruptcy!
For your next video (I imagine you might talk about the new app update?). Encourage people to not only to ride responsibly as you always do but maybe even to set up group rides to pick up trash along a route or something. Some riders with bags and some riders with trash-grabbing--gripper-things all working together.
When we ride in groups it brings even more attention. If people see us doing great things and riding responsibly then we can hopefully stave off banning of our devices.
Or maybe a nation wide organized day for such a thing at some point eventually? 😂
Just some thoughts
Great idea!
Hey Jimmy, there is a fourth option for venture capital returns... Dividends.
If the business is profitable it shares its profits with the investors, in some cases this can be much more lucrative than selling the company early. Some founders even take these dividends and buy the outside investors out. It’s not always dire.
"Let's just calm down about the Coronavirus and wash our hands"
Me: [sees date of video is early March 2020, and it's now June 2021] HAHA OH SWEET SUMMER CHILD
Great video, thanks.
just keep making the Boosted Rev Scooter, PLEASE
good analysis ！
The GoPro investment was a smart move. I wouldn't be surprised if he has invested in EUC's as well. Both riders seem to be equally as interested in GoPros as they are with the wheels.
The rev was to expensive (2000 eur incl tax and shipping) compared to xiaomi's offer (around 600 eur incl tax and shipping). The rev should have been the 1400-ish incl shipping and tax in Europe, because the scooter is twice as good so you pay the premium. And you would need a rev light for 999 or something. But this was just way to expensive.
Great info, call me an optimist but I'm hoping that FM focuses on organic growth and customer acquisition, the customer base for the onewheel seems alot more loyal than the other last mile companies
Sometime things fail because people get real about a products shortcomings. Like how everyone owned a netbook, but then realized they're too weak. People eventually realized that its too easy to crash on an e-skateboard or onewheel.
Well it really makes sense that someone from GoPro is an investor. How many videos online film with a GoPro riding a ønewheel
That segway chair man. Airgear is coming guys!!!
I was thinking the same thing🤔 my reasoning for thinking that Onewheel is having issues is do to the lack of response to at all. I asked if they would ever do a update with the app to let you know that you are exceeding the parameters of the board instead of just shutting off yes you are suppose to get pushback but sometimes that doesn't happen a simple phone notification through the app to the Apple watch would be simple. They have one for the battery why couldn't they just do this?
Slow response from OneWheel is a company tradition, they've been that way since their start. What I mean by that is that I would not look at "slow response" as a "soon going bankrupt" signal, it seems to be more of a "too busy on the assembly line to answer the phone" kind of signal.