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This Company Is Winning the Hoverboard Race

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Matt Waxman and Maxx Yellin careen into New York’s Madison Square Park one gray weekday afternoon riding two-wheeled scooters that look like Roombas for your feet. Before they can even roll to a stop, Hugo Melo, a 21-year-old freelance developer and “aspiring founder,” as he describes himself, points at their feet and asks, “What is that?” “You want to try it out?” Waxman offers. Melo climbs up and perches uneasily while Waxman and Yellin support him on either side. He never quite gets going on his own, but he looks like he’s having a great time. “This is way better than walking!” Melo says. “I definitely want one.” Yellin and Waxman get this all the time. The two are co-owners of...

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