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[The Verge] VanMoof explores sale under court protection because it can’t pay bills
(www.theverge.com)
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I hadn't ever looked at VanMoof's website, and I was only vaguely aware of them. As soon as I went to their website and I saw them advertising that their bikes receive "over the air updates," I suddenly understood why they are going bankrupt.
Their bikes look really nice, and who knows? Maybe they're nice to ride, too. I'll just say they're not for me.