The rich are getting richer and NL has more billionaires
The rich are getting richer and NL has more billionaires
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The rich are getting richer and NL has more billionaires
In the aftermath of VanMoof's bankruptcy, the industry shares what went wrong, what other startups can learn, and where we go from here.
ZEIST, The Netherlands - Brothers Taco and Ties Carlier started VanMoof in 2009 because they wanted to change the world. VanMoof's innovative bicycles caused a stir worldwide and were embraced by more than 200,000 customers. The Amsterdam company rises to great heights, but crashes after 14 years due to quality problems, poor service and major financial problems. Here the chronological journey VanMoof has taken over the years is explored.
The Amsterdam-based company, started in 2009 by brothers Taco and Ties Carlier, posted a statement on its website informing clients that an Amsterdam court declared VanMoof bankrupt on Monday.
However, according to reports there were problems with the firm's newer models and it was struggling to shoulder the costs of repairs. In an email to staff,…