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wayne tang

T3 · host / generalist
1 call·1 name·100% bull·last heard 3 months ago·TBPN
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Lime IPO: last man standing in micromobility with vertical integration and 50%+ cash margins

Lime is the only profitable, scalable micromobility player. Vertical integration (hardware, software, operations, government relations) enables 50%+ cash margins on $7.50/day/vehicle, sub-1-year payback. Winner-take-most market dynamics favor scale leader.

TBPN2026-07episode →

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  • $LIME

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$LIME
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Lime
HIGHwayne tang·TBPN·3 months ago·MetaCloud, Bending Spoons IPO with Founder Luca Ferrari, Fabel Freed, TML Cooking· position
Lime IPO: last man standing in micromobility with vertical integration and 50%+ cash margins
Lime is the only profitable, scalable micromobility player. Vertical integration (hardware, software, operations, government relations) enables 50%+ cash margins on $7.50/day/vehicle, sub-1-year payback. Winner-take-most market dynamics favor scale leader.
"Our average vehicle is generating $7.50 of revenue a day. We have to charge the vehicle, fix the vehicle, use spare parts, make sure it's positioned the right place at the right t…"
80:40
8
Transportation & Mobilitytailwind
Winner-take-most micromobility requires vertical integration and unit economics discipline
Lime survived by shrinking footprint to fix unit economics (from -300% gross margins to 50%+ cash margins), then scaling. Vertical integration (hardware, software, ops, gov relations) enables supply chain control, tariff navigation, and proprietary vehicle design. Scale allows 300k+ vehicles across 230 cities.