Micromobility

Today, Oliver interviews Erdem Ovacik, CEO of Donkey Republic, the first shared micromobility player to go public globally. Donkey Republic is listed on the Nasdaq First North exchange in the Nordics. It’s a great discussion about how the market has evolved, and why they see increasingly tight cooperation with governments being the next phase of shared market developments. Specifically, they dig into: - the backstory of Donkey, including where the name came from and the development of the bikeshare market in Europe - Donkey’s unique approach of being both an operator and SaaS business and the economics of the varying parts of the business. - Why they’ve pursued a ‘virtual dock’ solution rather than just straight free-float and what that’s enabled them as a business. - Why they see the growth of the business being in publicly funded bike share systems in the EU. - How their valuation compares to other companies in the shared space, and what the reception of investors has been like. - what the listing has