Rad Power Bikes

Rad Power Bikes is a Seattle-based electric bicycle manufacturer that was once valued at $1.65 billion and is currently in bankruptcy...

Facts

HQ
Seattle, Washington, USA
Sectors
Manufacturing, Retail, E-commerce, Electric bicycles, Consumer goods
Stage
former-startup

Seattle’s history of hardware heartbreak: Big raises, high hopes, hard landings

Seattle’s consumer-hardware ambitions are once again colliding with economic reality. The struggles of Glowforge and Rad Power Bikes echo a long regional history of big raises, high hopes, and hard landings — shaped by the pandemic, VC, and the unforgiving nature of building real products. GeekWire co-founders Todd Bishop and John Cook recorded this conversation for the purpose of providing the audio to an AI tool that turned the conversation into a written column that was edited and reviewed before publication. Check it out here. Related Stories: Glowforge hits restart: After restructuring, co-founders acquire key assets of laser engraver startup…

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