Sarah Smith, Partner at Bain Capital Ventures, outlines how operational efficiency and fleet distribution determine market winners in shared scooters.
0:00 / 0:12exact quote · 12.2s
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“Our view is that really, again, this comes back to the fleet that is best to Optimized in terms of its disbursement of the vehicles throughout the city. We believe that that is the player that's going to win the most revenue and the most trips”
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More from Sarah Smith
PredictionNot checkable as stated
Smith: Lime could become the world's largest transportation company
“I believe they have a shot at being the largest transportation company in the world.”
Sarah SmithApr 29, 2019▶ 19:5520VC: Why Lead Lime's Series D Funding Round, Why Engineers Are Underpaid & Why 74% of US Venture Firms Still Do Not Have Female GPs
Insight
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Insight
Smith: VC firms worried about lowering diversity bars never set evaluation standards
“Oftentimes when people talk about diversity, this whole notion of quote, lowering the bar, not lowering the bar comes up. But when you actually sit down and look at it, most groups that are, have not been very diverse or even set a bar in the first place.”
Sarah SmithApr 29, 2019▶ 30:5020VC: Why Lead Lime's Series D Funding Round, Why Engineers Are Underpaid & Why 74% of US Venture Firms Still Do Not Have Female GPs
“I hear people tell women not to join a firm as the first female partner for fear that they will be, quote unquote, the token partner. I think that's I don't know how we're gonna change things if we shun the 74% of U.S. Firms who don't yet have a female partner…”
Sarah SmithApr 29, 2019▶ 39:0520VC: Why Lead Lime's Series D Funding Round, Why Engineers Are Underpaid & Why 74% of US Venture Firms Still Do Not Have Female GPs
PredictionPartly held up
Smith: Bain expects Lime to generate a 15x to 20x return
“My bet was really believing that Lime is the ability to get us positive economics and more than 15 to 20 X from here.”
Sarah SmithApr 29, 2019▶ 20:0420VC: Why Lead Lime's Series D Funding Round, Why Engineers Are Underpaid & Why 74% of US Venture Firms Still Do Not Have Female GPs
Insight
Smith: Startup employees treat equity as a lottery ticket with zero value
“If you think about how most engineers, or really a lot of individual employees in their risk profile, how they think about equity, if you talk to many of them, even the most savvy people often really think of equity as a lottery ticket. And if you think of it …”
Sarah SmithApr 29, 2019▶ 21:3620VC: Why Lead Lime's Series D Funding Round, Why Engineers Are Underpaid & Why 74% of US Venture Firms Still Do Not Have Female GPs
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