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

Trendingnow

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

3

Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

3

Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
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

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

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

gf
SuccessEntrepreneurship
Meet the 32-year-old who is America’s only full-time spelling bee coach — he charges up to $180 per hour
By Ben Nuckols and The Associated PressMay 23, 2026
20 minutes ago
o
PoliticsOregon
Oregon Democrats wrote a gas tax, watched it get destroyed and now Jeff Merkley has a fight
By Claire Rush and The Associated PressMay 23, 2026
31 minutes ago
t
North AmericaMedia
‘Hello, Goodbye’: Paul McCartney closed the lights on a Late Show that CBS couldn’t cancel quietly
By Mark Kennedy and The Associated PressMay 23, 2026
39 minutes ago
w
Environmentclimate change
The asphalt industry has a heat problem — and cities are running out of patience
By Aya Diab, Alexa St. John and The Associated PressMay 23, 2026
1 hour ago
d
HealthHospitals
Meet the hospital dogs ‘making a real difference’ by getting sick kids to smile
By Laura Ungar and The Associated PressMay 23, 2026
1 hour ago
t
PoliticsCongress
Rebellious Republicans find voice in Trump apostate Thom Tillis: ‘stupid on stilts’ and a ‘payout for punks’
By Lisa Mascaro, Joey Cappelletti and The Associated PressMay 23, 2026
1 hour ago

Most Popular

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
2 days ago
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
Success
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
By Emma BurleighMay 22, 2026
1 day ago
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
AI
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
By Jake AngeloMay 22, 2026
1 day ago
Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
Success
Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
By Preston ForeMay 22, 2026
1 day ago
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
4 days ago
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
Success
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
By Preston ForeMay 20, 2026
3 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.