• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Current price of oil as of July 1, 2026

1

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Current price of oil as of July 1, 2026
silicon beach

Bird CEO: ‘The Places Where There Are No Laws, That’s Where We Go In’

Andrew Nusca
By
Andrew Nusca
Andrew Nusca
Editorial Director, Brainstorm; author, Fortune Tech
Down Arrow Button Icon
Andrew Nusca
By
Andrew Nusca
Andrew Nusca
Editorial Director, Brainstorm; author, Fortune Tech
Down Arrow Button Icon
October 9, 2018, 9:05 PM ET
Add Fortune on Google for similar content.

If Travis VanderZanden is hellbent on taking over the world, you’d never know it.

Unlike that other Travis—the Uber (and Lyft) veteran’s onetime boss, VanderZanden is happy to note—he’s neither exuberant nor aggressive. The sneaker-clad executive, 39, took to the stage at the Vanity Fair New Establishment Summit on Tuesday by rolling in on one of the black-and-white, dockless electric scooters with which his ascendant startup Bird has become virtually synonymous.

He was quick to a smile, rare to interrupt as CNBC reporter (and Fortune alum) Julia Boorstin pelted him with careful questions. But VanderZanden was deeply guarded, never straying from his message, as he explained the ins and outs of a Southern California business that is thriving on its home turf of Santa Monica (despite a lively legal fight) but banned outright in the city in which he sat at that very moment: Beverly Hills.

“Cities just hadn’t thought about electric scooters at all when they were passing laws,” VanderZanden explained onstage at the Wallis Annenberg Center for the Performing Arts, adding that Bird will deploy them to the streets when there’s nothing on the books that explicitly blocks the practice. “There are very few places that explicitly outlaw e-scooters.” Sure, Beverly Hills bans them. And the most populous city in the U.S., at the state level, also bars them—so Bird has “avoided” New York City, the CEO said. But, he added: “The places where there are no laws, that’s where we go in.”

In May, Bird operated in five cities worldwide. Now, in the second week of October, it counts 100.

What comes first? Bird deploying its scooters, or Bird working to educate cities about the unforeseen service, as it professes to do? “It usually happens at the same time,” VanderZanden said. The audience laughed. The CEO’s eyebrows rose. “We always make sure we have a business license before we go in,” he quickly added, with a grin. “We want to have a dialogue sooner rather than later. If you wait, sometimes it can take too long.”

Whatever its local legality, Bird’s business has unquestionably taken flight. The company has raised more than $400 million from a clutch of starry Silicon Beach and Valley investors—its flock includes names like Accel, Greycroft, Sequoia, Tusk, and Upfront, among others—valuing the company at $2 billion. Perhaps more tellingly, VanderZanden’s former employers have joined the fray. Lyft has deployed its own branded, dockless, electric scooters to Denver and Santa Monica, a clear shot across Bird’s bow. And Uber has deployed scooters branded “Jump” to Santa Monica—kaboom!—as well as made a $335 million investment in Lime, whose verdant scooters and bicycles clog Santa Monica’s palm-lined streets and dozens more across the U.S.

“We were the first in the world to do electric scooter sharing, and we launched a little over a year ago,” VanderZanden said of his deep-pocketed competition. “We’re the furthest along from a supply chain standpoint as well as from a government relations standpoint.”

It’s easy to operate 50 to 100 scooters in a city, he said. It’s far more challenging to scale to 100-plus cities like Bird has. “Operationally, this business turns out to be a lot different than Uber and Lyft,” VanderZanden said. “It’s way more challenging.” You have to move scooters around the city for prime placement, recharge them, and repair them.

Besides, VanderZanden doesn’t subscribe to the view that Uber and Lyft’s existing customer base of millions of people will be as much as a threat as it initially seems. Most people see a scooter on the street, then open its corresponding mobile application, rather than the other way around. The notion of one app to rule them all, “we don’t think it’s actually the way things will evolve,” the CEO said.

VanderZanden added: “Bird is a supply-constrained business.” He’d rather spend equity on more scooters than on stoking more demand.

But Bird’s mission is to replace cars—the low density quality to them, the carbon emissions-spewing nature of them. Forty percent of all car trips in a city are three miles are less; imagine if those rides, save for those necessary to haul kids or groceries, were done by scooter instead. “We fundamentally think it’s a better use of real estate,” VanderZanden said.

Even if some people think there are too many scooters cluttering the sidewalk? Boorstin asked. “What I see is cars everywhere,” VanderZanden countered. “There are a lot more cars. To me, the cars take up a lot more space and create a lot more clutter.”

It sounds like your biggest competitors are Uber and Lyft, Boorstin said.

To which VanderZanden replied: “Our biggest competitors are car trips.” And then he smiled again.

Subscribe to Term Sheet, Fortune’s newsletter about deals and dealmakers.

About the Author
Andrew Nusca
By Andrew NuscaEditorial Director, Brainstorm; author, Fortune Tech
Instagram iconLinkedIn iconTwitter icon

Andrew Nusca is the editorial director of Brainstorm, Fortune's innovation-obsessed community and event series. He also authors Fortune Tech, Fortune’s flagship tech newsletter.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

U.S. Treasury Secretary Scott Bessent
EconomyDebt
AI’s $2.2 trillion deficit fix is already half fake, economists say
By Tristan BoveJuly 2, 2026
1 hour ago
s
Personal FinanceSports
The sports economy is unaffordable at the bar, let alone the stadium
By Catherina GioinoJuly 2, 2026
1 hour ago
m
Politicsfraud
Trump fights fraud by freezing funding for New York’s Medicaid Fraud Control Unit
By Ali Swenson, Geoff Mulvihill and The Associated PressJuly 2, 2026
1 hour ago
Anthropic CEO Dario Amodei
AIEye on AI
Anthropic’s Fable model is back. But U.S. AI policy is still a mess
By Jeremy KahnJuly 2, 2026
1 hour ago
sb
North AmericaU.S. Department of the Treasury
Scott Bessent goes after the top Mexican cartel’s new billion-dollar business: gas stations
By Fatima Hussein and The Associated PressJuly 2, 2026
1 hour ago
t
PoliticsWhite House
Trump trots out the C-word — communism — not getting the memo that capitalism has been largely discredited with Gen Z
By Steven Sloan and The Associated PressJuly 2, 2026
2 hours ago

Most Popular

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
By Marco Quiroz-GutierrezJuly 1, 2026
2 days ago
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
8 days ago
Current price of oil as of July 1, 2026
Personal Finance
Current price of oil as of July 1, 2026
By Joseph HostetlerJuly 1, 2026
1 day ago
Trump got a $78K pension from the Screen Actors Guild in 2025 because he appeared in Home Alone 2 in 1992
Politics
Trump got a $78K pension from the Screen Actors Guild in 2025 because he appeared in Home Alone 2 in 1992
By Sasha RogelbergJuly 1, 2026
1 day ago
CEO of $248 billion cybersecurity company says workers are about to face a ‘Darwinian moment’ thanks to AI: Evolve or get cut
Success
CEO of $248 billion cybersecurity company says workers are about to face a ‘Darwinian moment’ thanks to AI: Evolve or get cut
By Emma BurleighJuly 1, 2026
1 day ago
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
5 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.