The evolution of the Onewheel | Summary and Q&A

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August 23, 2019
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TechCrunch
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The evolution of the Onewheel

TL;DR

One Wheel is a personal mobility device that combines the feeling of snowboarding with emerging technologies, and the company has experienced significant growth since its Kickstarter launch in 2014.

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Questions & Answers

Q: How did the idea for One Wheel originate?

The idea for One Wheel started as a personal project and evolved over five years to create the feeling of snowboarding on powder and incorporate emerging technologies.

Q: How has One Wheel expanded since its Kickstarter launch?

One Wheel has experienced significant growth and has become a popular sport, pushing the progression of board sports. They have introduced new products and expanded globally.

Q: What has enabled One Wheel to become profitable?

One Wheel's profitability is attributed to their focus on building great products, hands-on manufacturing, and efficiency in operations.

Q: What is the significance of the new One Wheel model, Pine?

Pine is a more casual and affordable option, designed for everyday use and city riding. It has a smaller size, lighter weight, and features like a mag handle and LED strip.

Summary & Key Takeaways

  • The mechanical engineering lab at the company headquarters in Santa Cruz, California, focuses on prototyping, product development, and manufacturing equipment.

  • The original concept for One Wheel started in 2008 and was launched on Kickstarter in 2014, leading to continuous expansion and the introduction of new products.

  • The company has raised multiple rounds of investment, become profitable, and emphasized building great products and hands-on manufacturing.

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