4min chapter

This Week in Startups cover image

Wild news week, Bird overstates revenue, Chinese startups look to rebrand + WLITF | E1613

This Week in Startups

CHAPTER

The Electric Scooter Apocalypse Is on Us

Lime raised more than $500 million last November, but has also seen a massive drop in value. The company warned Monday that it might not make it that it needed to restate the financial accounts for the past two and a half years due to improperly recognized revenue. And then there's this kind of ongoing question, you know, lime, its main competitor raises more than $ 500 million last November,. but has also saw amassive drop invalue.

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