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

Navigating Founder Mode and Financial Independence

This chapter explores the concept of 'founder mode' in management, highlighting the balance between oversight and delegation for successful company operations. It discusses Lime's journey towards financial independence, the significance of their strategic acquisitions, and the implications of downrounds and IPO readiness in the current market. Additionally, the chapter features a personal reflection on the impact of health challenges on leadership and the importance of community support.

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