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Lime and Bird have collectively raised nearly a billion dollars within 14 months of founding at valuations of $1.1 billion and $2 billion, respectively. For re
by rb808 8y ago
Lime and Bird have collectively raised nearly a billion dollars within 14 months of founding at valuations of $1.1 billion and $2 billion, respectively.
For reference, American Airlines has market cap of $18 billion and 950 jet planes.
- numair 8y agoActually, I’m pretty sure American Airlines has 950 jet planes on lease, and they have a century’s worth of pension and other obligations that remain hidden in their books. Companies are far too complicated to compare based on single numbers. Try not to make this mistake —- it’s great for clickbait, not so much for critical thinking.
- rb808 8y ago$41B on the balance sheet. https://americanairlines.gcs-web.com/node/36886/html https://americanairlines.gcs-web.com/node/36886/html Yes they do have debt. $44B of revenue. Still Lime and Bird valuations are insane.