Hi HN, I'm one of the co-founders (also 2x YC alum). I'm building this with my good friends Derrick and Zhuang, who have also previously worked at YC startups. As the TC article mentions, we're rolling out a "dock-less" on-demand bikeshare in SF, to provide a convenient and cheap last-mile transportation option. I live in SOMA and have owned a couple of bicycles, both of which proved very useful but were (a) a bit of a hassle to retrieve after moving around the city via Uber etc (b) stolen.

p.s "euwyn" on Snapchat or Whale, if anyone has questions. Or here too, I'll be checking the comments today.