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
And the great thing is when it's a thousand little things, it's also hard to replicate. What I love about the business model is that Lime has been advertising we're profitable, free cash flow positive in a very public way when most of our competitors have not been able to deliver similar results, even though there's clearly a way to do it.
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