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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

1829.676 - 1847.547 Wayne Ting

And the longevity and decay rate of the hardware is the key unlock to profitability in this business. Which has been the hardest city to win? The places where I think it's been hardest to convince the local regulators to help to bring micromobility in are probably smaller, second tier, third tier cities.

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