Bird Global
MicromobilityUSA
New to Unitard
💀 Dead / Bankrupt
Peak $2.85 BillionToday
~-99%
from peak
- 🦄Became a unicorn~2018
- 📈Peak valuation$2.85 Billion ’21
- 💔Became a UnitardDec 2023
- 💸Last valuationWiped out
🔥 Raised & burned
$965M
Total raised
$409K/day
Burned · 6.5y alive
Funding: Dealroom / Wikipedia
Current status
Chapter 11 (Dec 2023); delisted NYSE
The rise & fall
7 moments · 2017–2024The key moments.
2017
2017
Founded in Santa Monica
Ex-Uber executive Travis VanderZanden starts scattering rentable electric scooters across sidewalks.
Wikipedia
2018
2018
Fastest unicorn to date
Barely a year after founding, Bird hits $1B — reportedly the quickest sprint to unicorn status yet.
TechCrunch
Nov 2021
Nov 2021
The peak: a $2.85B SPAC listing$2.85B
Goes public on the NYSE via SPAC as scooter mania gets its last hurrah.
NYT
2022
2022
Scooternomics don't work
Persistent losses and asset write-downs expose unit economics that never added up; the shares become a penny stock.
NYT
2023
2023
Kicked off the NYSE
Delisted after the market value collapses roughly 99% from the peak.
NYT
Dec 2023
Dec 2023
Chapter 11 — joins the Unitard Club 💔
The scooter pioneer that raised about $965M files for bankruptcy two years after its SPAC debut.
Court filing
2024
2024
Lenders take the keys
Bird's operating business emerges from Chapter 11 in the hands of its creditors.
Canary Media
$2.82Bof peak value erased · 6 years
How it happened
Bird was a US micromobility pioneer that rapidly reached unicorn status renting electric scooters, and was valued near $2.85B when it went public via SPAC in 2021. Persistent losses, asset write-downs, and an unsustainable unit economics model eroded its finances. Bird was delisted from the NYSE and filed for Chapter 11 bankruptcy in December 2023, with its value down roughly 99%.
Source: Canary Media/NYT
Where they went
- Travis VanderZandenfounder & former CEOChief Growth Officer at Polymarket
Current roles as self-reported on LinkedIn, retrieved 2026-08-21. See our methodology.
