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
This is also where I would really give Dara a lot of credit because we went to Uber and Uber at the time owned and operated their own micromobility business called Jump. I pitched Dara this idea of letting them sell Jump to us so we can bring the two businesses together, take out costs, and then we can be the micromobility option on Uber. And to Dara's credit, he led the round.
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