[Social Bicycles in TechCrunch] A new on-demand battle is speeding toward the US, and VCs are seeing dollar signs

O’Sullivan has been watching dockless bike sharing as closely as anyone. Like a growing number of VCs, he has a horse in this race: New York-based Social Bicycles, or SoBi, which says it was first in producing a dockless bike that features a trackable GPS system and an integrated lock that allows it to be parked at any bike rack in a city.

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