The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

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

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

CHAPTER

Intro

This chapter chronicles Lime's early struggles with financial losses and its remarkable journey to become a leader in micromobility. It highlights key growth metrics and transformation strategies that enabled the company to navigate challenges and outpace competitors during a critical period.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner