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
So unless you are 100% sure you can make that promise, don't promise people you're not going to have, this is the only round of layoffs. And I see that happening with friends and like CEOs all the time. They promise and then they have to go break their word. When you break your word, then people start questioning other decisions that you have.
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