Lesson #275

Segway shuts down scooter production after 19 years

The Segway scooter was supposed to revolutionize personal transportation. But after its highly hyped launch in 2001, the scooter has struggled to find a market. People don’t find it as practical as it was promised to be. Now, 19 years later, Segway is ending production of its iconic scooters for good. Plus, learn what it means to be a “flop.”