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 that is a big turning point for Lime, for micro mobility generally, because now we're able to continue to grow our business without this forever treadmill of raising more money. from VCs because we've been able to fund our capital expenditure investments from profits from the business. Before, when somebody raises more money, we're like, wow, we got to go raise more money.
0
💬
0
Comments
Log in to comment.
There are no comments yet.