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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
So making a call quickly and I would say cutting deeper than maybe you would expect was really important because if we've gone back for another round of layoffs, that's when I think a management team really loses credibility. So we thought it was important for us to cut deep and cut quickly. In that period, what was the best decision you made?
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