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
One of the lessons you learn is that sometimes in life, you just have a choice between bad and worse. I think trying to take over a business in the middle of a transportation business in the middle of COVID, most of our choices were bad. So in those moments, the worst thing you can do is not make a decision because now your bad and worse decision becomes worse and worse.
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