Ready to Roll
SHIFTING AUTOBIKE INTO HIGH GEAR SEAN SIMPSON, CEO AND CO-FOUNDER OF AUTOBIKE
Sean Simpson, a mechanical engineer, enrolled in the Ross School of Business evening MBA program in fall 2009 to get his idea for an automatic-shifting bicycle on the road to success. AutoBike, which launched in 2011, ended up winning $10,000 at the 2012 U-M Victors’ Challenge competition and receiving $250,000 in seed round funding from Betaspring, a Providence, R.I.-based startup accelerator program for technology entrepreneurs. Simpson is now selling the first production bikes through his website, www.evolvethebike.com.
Read the full article in the the Zell Lurie Institute 2013 Report