The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: Lime's CEO on Going from Losing $3 on Every $1 to $90M in EBITDA | How Lime Built the Global Leader in Micromobility When Competitors Went Bust | Losing 90% of Revenues in COVID and The Uber Deal That Saved the Company with Wayne Ting

1407.707 - 1428.387 Wayne Ting

A lot of these things are tiny, imperceptible things. We have a down tube in the scooters. And we increase the length of the connector so it takes less time to connect the connector with the CCU. That saves, let's say, 30 seconds, 40 seconds. But when you do that thousands of times, In our latest bike, for example, the battery pack sits behind the chair.

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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: Lime's CEO on Going from Losing $3 on Every $1 to $90M in EBITDA | How Lime Built the Global Leader in Micromobility When Competitors Went Bust | Losing 90% of Revenues in COVID and The Uber Deal That Saved the Company with Wayne Ting

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