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

3295.345 - 3320.362 Wayne Ting

What city has the highest vandalism slash vehicle destruction rate? It would probably be San Diego. Gangs of people coming into San Diego and then stealing the bikes and scooters and driving it to Mexico. So it was hard for us to police and react to it. Driving them to Mexico? Yeah. What's the most profitable city? The most profitable city? Probably London.

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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

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