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
is a failure of the company because we need to give him real accurate data so that he can make the right decision. If he thinks he is printing money when the opposite is true, then we have not set him up for success. So I spent a lot of that first couple of months building out Data.Line, which is an internal tool to give us accurate data across hundreds of operational metrics for every region.
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