People Adore Scooter-Sharing Transit, Lime COO Says

The transcript discusses Lime's vision to transform transportation through micro mobility, focusing on electric scooters and bikes. It highlights Lime's rapid growth, challenges faced, and future expansion plans. The conversation also touches on operational complexities, profitability, and comparisons to past innovations like Segway and Uber. Lime's strategy involves a balanced focus on core business, adjacent opportunities, and ambitious projects.

What does the 'great unbundling of the car' refer to?

• Reducing the number of cars in cities

• Accessing the right vehicle at the right time

• Using a single car for all types of trips

• Owning multiple cars for different purposes

How does Lime aim to change the transportation landscape?

• By offering only e-scooters

• By providing a variety of electric vehicles

• By focusing solely on long-distance travel

• By reducing public transit options

What is a key factor in Lime's rapid growth?

• High demand for long-distance travel

• Popularity of e-scooters for short trips

• Exclusive focus on car rentals

• Partnerships with car manufacturers

How do Lime users typically integrate e-scooters with public transit?

• By using scooters only on weekends

• By replacing all public transit with scooters

• By riding scooters to and from train stations

• By using scooters for long-distance travel

What is one of the main challenges Lime faces in cities?

• Lack of interest in e-scooters

• Pushback due to clutter and safety concerns

• High cost of e-scooters

• Limited availability of e-scooters

How does Lime plan to address safety concerns?

• By increasing the speed of e-scooters

• By reducing the number of e-scooters

• By working with cities to separate traffic

• By banning e-scooters in busy areas

What strategic approach does Lime follow for resource allocation?

• Focusing entirely on e-scooters

• Following Google's 70-20-10 rule

• Investing only in moonshots

• Avoiding any new business ventures

What was a unique challenge faced by Google Ventures with Uber?

• Multiple conflicts with various companies

• A high-profile conflict due to self-driving technology

• Lack of investment opportunities

• No conflicts with any investments

How does Lime plan to handle potential seasonal slowdowns?

• By closing operations in colder regions

• By reducing the number of e-scooters

• By offering multiple vehicle types and moving fleets

• By increasing prices during winter

What is a significant operational challenge for Lime?

• Focusing only on virtual fleets

• Reducing the number of e-scooters

• Designing vehicles for long-distance travel

• Managing a vertically integrated global business