GV partner Joe Kraus named Lime’s first COO
Lime declared all the more enormous contracting news toward the beginning of today with the arrangement of Joe Kraus, a general accomplice at Alphabet's endeavor arm GV and a current individual from the bicycle and bike sharing startup's top managerial staff, as its first head working officer.
Kraus joined GV 12 years prior from the Google - obtained programming startup JotSpot, where he filled in as the CEO from 2003 to 2006. Prior to that, he helped to establish Excite, an early web internet searcher.
Not long ago, Kraus helped lead GV's first interest in Lime. In joining the organization's C-suite, Kraus will give up his board seat to another GV accomplice, and also his GP title at the firm. He will remain on as an endeavor accomplice and will keep his current board seats, per Bloomberg. Kraus is likewise on the leading group of Peerspace, a commercial center for booking space for occasions, and fintech startup Spruce Finance, among others. In his residency at GV, he's upheld new companies including Modsy, ClassPass, KeepTruckin and HomeAway.
"Joe carries long stretches of operational experience joined with a solid endeavor foundation to Lime," the organization's CEO and prime supporter Toby Sun said in an announcement gave to TechCrunch. "His sharp feeling of approach and neighborhood governments is an essential resource as we proceed with our coordinated effort with urban communities around the world."
San Francisco-based Lime, esteemed at more than $1 billion, expedited previous Uber boss business officer David Richter simply a week ago as its first-historically speaking boss business officer. The organization is topping off its C-suite as it outfits to extend its arrangement of miniaturized scale portability administrations into auto sharing.
More news will definitely originate from Lime soon as the organization is said to raise money at a $3 billion valuation. Established in 2017, the startup has raised an aggregate of $467 million to date from GV, Andreessen Horowitz, IVP, Section 32, GGV Capital and that's just the beginning.
Among different activities underway, Lime is arranging a dispatch of physical bike way of life stores in the U.S., starting with Santa Monica, California, the central station of its greatest rival, e-bike startup Bird. In the interim, Lime, which has recorded 11.5 million rides as of September, is effectively extending in the U.S. furthermore, abroad.
Kraus joined GV 12 years prior from the Google - obtained programming startup JotSpot, where he filled in as the CEO from 2003 to 2006. Prior to that, he helped to establish Excite, an early web internet searcher.
Not long ago, Kraus helped lead GV's first interest in Lime. In joining the organization's C-suite, Kraus will give up his board seat to another GV accomplice, and also his GP title at the firm. He will remain on as an endeavor accomplice and will keep his current board seats, per Bloomberg. Kraus is likewise on the leading group of Peerspace, a commercial center for booking space for occasions, and fintech startup Spruce Finance, among others. In his residency at GV, he's upheld new companies including Modsy, ClassPass, KeepTruckin and HomeAway.
"Joe carries long stretches of operational experience joined with a solid endeavor foundation to Lime," the organization's CEO and prime supporter Toby Sun said in an announcement gave to TechCrunch. "His sharp feeling of approach and neighborhood governments is an essential resource as we proceed with our coordinated effort with urban communities around the world."
San Francisco-based Lime, esteemed at more than $1 billion, expedited previous Uber boss business officer David Richter simply a week ago as its first-historically speaking boss business officer. The organization is topping off its C-suite as it outfits to extend its arrangement of miniaturized scale portability administrations into auto sharing.
More news will definitely originate from Lime soon as the organization is said to raise money at a $3 billion valuation. Established in 2017, the startup has raised an aggregate of $467 million to date from GV, Andreessen Horowitz, IVP, Section 32, GGV Capital and that's just the beginning.
Among different activities underway, Lime is arranging a dispatch of physical bike way of life stores in the U.S., starting with Santa Monica, California, the central station of its greatest rival, e-bike startup Bird. In the interim, Lime, which has recorded 11.5 million rides as of September, is effectively extending in the U.S. furthermore, abroad.
GV partner Joe Kraus named Lime’s first COO
Reviewed by Tayyab Tahir
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05:07
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Reviewed by Tayyab Tahir
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05:07
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