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
And it actually also masks a better business because you can always raise more money to then plow it back into growth, into discounts, and you can discount your way to a lot of market share. One of the things that I'm very proud of with Lime's financial results is that we've been able to sustain 30% growth 30% top line growth over four years, top line CAGR.
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