Sam Parr describes a Chinese entrepreneur who imported ultra-fast electric bikes to New York City and sold 70,000 of them in four years through 30 Manhattan storefronts. The bikes hit 60 mph, violate traffic laws, and cost about $1,000 each. The founder just took the company public, citing The Wolf of Wall Street as inspiration.
There's 70,000 Uber Eats and DoorDash people in New York City, and they're all riding these electric bikes that fly, literally go 60 miles an hour. And they're dangerous, they're really dangerous. Underneath those gloves, they have like a motorcycle-style acceleration, which is illegal. You can't have that. But I was like, I want to know what this bike is, I want one. There's a guy who comes from China and he starts importing these electric bikes from China. He scaled this thing so fast to where he started having literally 30 different stores all around Manhattan, and they're only $1,000, and they're incredibly illegal. Don't follow any of the laws, but the guy ends up selling 70,000 bikes in 4 years. And a few months ago, he had the audacity to take the company public, and he says he was inspired by the movie Wolf of Wall Street.
We need a spin-off pod of just absolutely renegade Chinese founders doing things that we would never dream of. I would subscribe to that instantaneously.
