Mina Nada's guest appearances

Mina Nada

Ride On! by Micromobility Industries

DealMakers: Entrepreneur | Startups | Venture Capital

Funny Business

Sanjay Dastoor

Bill Gates

Benedict Evans

Bill Barhydt

Carter Malloy

Chris Hayes

Alex Mashinsky

Trevor Koverko

Mike McDerment

Kara Goldin

David Klein

Guy Kawasaki

Andrew Smith

John Kim

Andrew Yang

OwlTail

Mina Nada ditched his law degree to find something more impactful in the real world. He’s turned his once side hustle into a fast-growing global business that has already attracted $100M in financing. His company, Zoomo has raised funding from top-tier investors like Collaborative Fund, WIND Ventures, Akuna Capital, and MUFG Innovation Partners.

Mina Nada On Raising $100 Million To Transition Every Urban Mile To Electric Vehicles

This week Oliver interviews Mina Nada, CEO of Zoomo (formerly Bolt Bikes, featured on episode 66), about their business leasing ebikes to delivery gig workers like UberEATS/Deliveroo/DoorDash in the UK, US and Australia. The business has massively expanded in the last 18 months, and Mina has managed to drive a lot of that growth remotely while he’s been locked down in Australia. It’s an awesome story - don’t miss it.  Specifically, they dig into:  - for the uninitiated, a brief background on the story of Bolt Bikes and now Zoomo, and why electric bikes are compelling for delivery/B2B.- Where they’ve seen the most growth in the last 18 months. - Zoomo works directly with the delivery companies, so we unpack how integrated into their signup flow the company can you be.- Zoomo have started releasing their own hardware, so they unpack more about the vehicles and what they’ve learnt in doing that. - On episode 66, Mina indicated he had no interest in going for consumers. They explore whether that view has changed at all. - You've raised a few rounds of funding since the last conversation. They talk about the fundraising landscape and what has/has not changed. - One thing that the MM team was massively impressed by in the first interview was Zoomo’s capacity to raise debt funding - felt like a real strategic advantage relative to other companies in the space and it's still relativley uncommon. They unpack why it’s still uncommon and who is doing it well/what needs to happen to make it common. It was a great discussion - well worth listening to!

This week Oliver interviews Mina Nada, CEO of Zoomo (formerly Bolt Bikes, featured on episode 66), about their business leasing ebikes to delivery gig workers like UberEATS/Deliveroo/DoorDash in the UK, US and Australia. The business has massively expanded in the last 18 months, and Mina has managed to drive a lot of that growth remotely while he’s been locked down in Australia. It’s an awesome story - don’t miss it. Specifically, they dig into: - for the uninitiated, a brief background on the story of Bolt Bikes and now Zoomo, and why electric bikes are compelling for delivery/B2B. - Where they’ve seen the most growth in the last 18 months. - Zoomo works directly with the delivery companies, so we unpack how integrated into their signup flow the company can you be. - Zoomo have started releasing their own hardware, so they unpack more about the vehicles and what they’ve learnt in doing that. - On episode 66, Mina indicated he had no interest in going for consumers. They explore whether that view has changed at all. - You've raised a few rounds of funding since the last conversation. They talk about the fundraising landscape and what has/has not changed. - One thing that the MM team was massively impressed by in the first interview was Zoomo’s capacity to raise debt funding - felt like a real strategic advantage relative to other companies in the space and it's still relativley uncommon. They unpack why it’s still uncommon and who is doing it well/what needs to happen to make it common. It was a great discussion - well worth listening to!

130: Revisiting the Exploding demand for Delivery Worker Micromobility with Mina Nada of Zoomo

This week Oliver interviews Mina Nada, CEO of Bolt Bikes, about their business leasing ebikes to delivery gig workers like UberEATS/Deliveroo/DoorDash in the UK, US and Australia. Given everything happening right now with COVID19 and the explosion in delivery based meal consumptions, this is a great interview.Specifically, we dig into:- Mina’s background at Bain, Deliveroo and Mobike, and how that prepared him for Bolt Bikes. - The unit economics of their business, including 6 month paybacks, 3 year cycles and 66% residual value for depreciated bikes. - How most markets are still allowing takeaway and delivery during COVID19 lockdowns. - How couriers calculate the costs and tradeoffs of leasing vs owning their own vehicles  (ie. bikes, ebikes vs mopeds) and why the end-to-end and flexible nature of access positions Bolt well to solve the job to be done. - Their plans for expansion and vertical integration into their own Bolt hardware- A discussion about ebikes and the future of the fleet, including e-mopeds and the newly released Arcimoto delivery vehicle. - Bolt’s ability to raise debt capital to fund expansion- Why they plan to double down on B2B rentals, and not focus at all on B2C. It was a great discussion - well worth listening to!

This week Oliver interviews Mina Nada, CEO of Bolt Bikes, about their business leasing ebikes to delivery gig workers like UberEATS/Deliveroo/DoorDash in the UK, US and Australia. Given everything happening right now with COVID19 and the explosion in delivery based meal consumptions, this is a great interview. Specifically, we dig into: - Mina’s background at Bain, Deliveroo and Mobike, and how that prepared him for Bolt Bikes.  - The unit economics of their business, including 6 month paybacks, 3 year cycles and 66% residual value for depreciated bikes.  - How most markets are still allowing takeaway and delivery during COVID19 lockdowns.  - How couriers calculate the costs and tradeoffs of leasing vs owning their own vehicles  (ie. bikes, ebikes vs mopeds) and why the end-to-end and flexible nature of access positions Bolt well to solve the job to be done.  - Their plans for expansion and vertical integration into their own Bolt hardware - A discussion about ebikes and the future of the fleet, including e-mopeds and the newly released Arcimoto delivery vehicle.  - Bolt’s ability to raise debt capital to fund expansion - Why they plan to double down on B2B rentals, and not focus at all on B2C.  It was a great discussion - well worth listening to!

66: Exploding demand for Delivery Worker Micromobility - Mina Nada of Bolt Bikes