In 70% of cases, people get promoted too fast/sooner than they should depending on the following:
-friendships & language spoken (eg in the EU, it is a must to speak French to get upwards)
-pedigree (eg ex-Uber)
-and especially cost constraints: as Lime does not/can't pay well, they generally prefer to promote very young people that are clearly not ready for the job, as they will be "grateful" and will cover the position without the need to hire/retain truly experienced people.
I could describe dozens of cases; there are a few memorable ones. A) of an intern becoming a GM less than 2 years after the internship ends.
B) senior hire (ex-Uber) with very poor performance is being promoted and moved to another function, this time to fix what he/she didn't help to do in the first place.
As mentioned, they don't pay well; otherwise, they can't sustain the company without further funding, and everything would fall apart if they paid what they really should for the hours worked.
In general, operations roles (majority of people in the company) work much more than corporate roles, whose people either have no true idea what goes on on the ground, or want to be as far away as possible. The working environment can be toxic and not safe if you are working in a market that is not considered "tier 1", the irony is that most of tier 1 markets have burned a lot of cash and suck all the energy, anyone with reasonable accounting and finance skills can spot it quickly.
European staff is told to save as much as money as possible, but the hypocrites from the US come during the summer for 1-2 days “meetings” , just so they can take the long weekend in nice locations, like Italy, Spain, France, etc.
No benefits such as: meal voucher, health insurance, company car