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 we needed to raise emergency funding to get through COVID at a moment where I would say transportation, so much was unknown in the beginning of 2020. And transportation was not the sexiest place to put your money going into COVID, given all the uncertainty.
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