Wayne Ting, CEO @Lime: From Losing $3 on Every $1 to $90M in EBITDA | E1252

20VC with Harry Stebbings
1:03:58
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8 months ago

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when I first drein line we were losing $3 for every dollar of Revenue the daily Decay rate was 3% so in the course of 30

days your entire fleet was gone so the business was completely upside down I would say my first four years as CEO I

was constantly worried about line going out of business line wouldn't have survived if we did not do that deal

ready to go [Music]

Wayne I am so excited for this dude listen I I heard so many good things from Blake buers from Jeff Jordan uh

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