Ex-Uber exec's startup fastest to hit $1 billion valuation

Former Uber executive Travis VanderZanden's e-scooter startup Bird has officially become the fastest company to hit the $1-billion valuation mark in less than 9 months. According to filings, Bird is also seeking to raise $150 million, a deal which would value the US-based company at $2 billion. Founded in 2017, Bird allows users to rent e-scooters at $1 per ride.