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

1739.782 - 1763.1 Wayne Ting

that reliability is a positive flywheel more drivers want to be on the number one platform more writers will be on the number one platform that then further improves the reliability of the system which then draws more customer in similar dynamics exist in micromobility because scale gives you more data we talked about kind of demand forecasting we have more data to then build better supply positioning better demand forecasting tools