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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
I feel these markets go through kind of these trends. There's moments where there's a lot of IPOs that go out and there's a lot of interest invest in IPOs. And then the mood shifts and then people are less willing to invest in IPO. And certainly it would impact how much money you can raise, the valuation you can get. You can't ever time the market.
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