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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

2480.407 - 2495.698 Harry Stebbings

But would Lime have got to where you got to without the huge amounts of cash? Was the incredibly large cash reserves necessary to kickstart, continue, sustain, to get to the point where you then need to refocus?

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