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 the biggest difference was the GM, the best markets, the GM knew all the mechanics by name. They were walking the floors. I remember I went to the worst market, and I sat there for eight hours. I was doing my email, sitting in the middle of the warehouse, and I was just watching what everyone was doing. And eight hours later, I walked out. I was like, I figured it out.
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