The main Dutch bike share system doesn’t have silly time limits. It has a fixed price of €3,85 (about $4,35) for a day. That allows you, for example, to cycle from a train station to a business meeting, park the bike there for a few hours, and cycle back to the station in the afternoon.

See https://en.wikipedia.org/wiki/OV-fiets.

It also features halfway decent (for the task at hand) bicycles.

Both are good for consumers, but I don’t think such a system makes venture capitalists happy.