Bird: Bird, an electric scooter company once valued at $2.5 billion, filed for bankruptcy

Bird, the electric scooter company once valued at $2.5 billion, has filed for Chapter 11 bankruptcy, citing a series of setbacks. Bird confirmed in a press release that it has entered a "financial restructuring process" to bolster its balance sheet [...] The post Bird, an electric scooter company once valued at $2.5 billion, filed for bankruptcy first appeared on TechStartups.