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
Harry Stebbings
This is 20VC with me, Harry Stebbings, and I've wanted to make this show happen for a long time. I live in London, and here, Lime bikes, they're everywhere. But most people think, honestly, that micromobility providing is a bad business, that these companies lose money. Well, Lime did over $600 million in gross bookings, with $90 million in EBITDA last year.
0
💬
0
Comments
Log in to comment.
There are no comments yet.