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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

2526.087 - 2538.896 Wayne Ting

You are unless you can generate cash flow from your own operations. Last year was our first year getting to unlever free cash flow positive. So we were able to fund all of our capital expenditure and all of our growth from our internal profits.

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