Bird SPAC Presentation Deck
Evolved to Fleet Manager
operating model during
COVID pause
HOW IT WORKS
BIRD
Network of Fleet Managers¹ manage logistics for micro-
fleets, providing economic advancement opportunities
and streamlining expansion to small cities
Fleet Managers charge, deploy, store, and repair,
reducing Bird's infrastructure costs, especially in winter
Aligns incentives through a per-trip revenue share
construct, further boosting Bird's leading unit economics
while providing a positive return to Fleet Managers
1. Acquisition cost of "$1K per Fleet Manager based on acquisition from Mar - Oct 2020.
2. Excludes Consumer Products and Platform revenue.
WHO OWNS THE...
Charging
Deployment
Rebalancing
Repair
Vehicle
Permits
Brand
Data/Tech Platform
% of H2 2020 sharing revenue²
KEY
IN-HOUSE OPS
6%
Bird
FLEET
MANAGER OPS
Partner
94%
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