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
Wayne Ting
So we made it so that an operator can always swap a battery regardless of any, they don't have to make any incremental changes to the seat. And we started to share parts between our Gen 4 scooters and our Gen 4 e-bikes. One major breakthrough is that we moved from fixed batteries to swappable batteries.
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