NIK LAL

BikeSto, a city planning company idea

Teammates:

Kevin Soulard, Robert McBride, Michael Romanko

Professors:

George Schneider, John Nesheim

Photos

racks Small clamp on bike storage unit, and high capacity bike store

Summary

Our background as engineers and a shared love for bicycles led us to create BikeSto, a bike storage startup idea for an entrepreneurship course in the Johnson School. The product was a system of electronic bike locks that anyone can use anywhere. They mount to existing bike rack infrastructure, and provided distributed docks to any type of bike - not just city provided bikes. The reason this works is that, as commuters pursue safer and consequently heavier locks, the convenience of biking as a whole drops precipitously. The safer the bike lock, the more cumbersome. The inverse relationship of safety and convenience is one of the significant mitigating factors of true bike proliferation.

Literature

Business Plan

Pitch Deck