Inc
Facts
- HQ
- United States
- Sectors
- Media, Publishing
Rad Power Bikes — once a $1.65B e-bike unicorn — files Chapter 11 after CPSC battery-fire recall and January 2026 warehouse blaze
Rad Power Bikes grew rapidly to a $1.65 billion valuation and dominant North American market share but collapsed after leadership exits, executive turnover, layoffs, a CPSC battery-fire recall in November 2025, Chapter 11 bankruptcy in December 2025, and a Huntington Beach warehouse fire in January 2026.
Bootstrapped MiiR Donates $5.6M and Thrives Profitably While VC-Funded Allbirds and Outdoor Voices Struggle
MiiR, a bootstrapped reusable bottle company, prioritized profitability and charitable giving over rapid growth, donating $5.6 million to causes while growing sustainably. In contrast, heavily venture-funded direct-to-consumer brands like Allbirds and Outdoor Voices faced financial difficulties and declining value despite raising massive VC funds.