Layoffs at Lime and Getaround herald rise of profit-hungry unicorns

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. A million dollars isn’t cool. You know what’s cool? Positive adjusted EBITDA, or something close to it. That’s the message from scooter unicorn Lime, which announced this week that it was cutting about 14% of … Continue reading Layoffs at Lime and Getaround herald rise of profit-hungry unicorns