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VC darling Rad Power Bikes hit with another round of layoffs

Rad Power Bikes, the Seattle-based e-bike startup that has raised more than $300 million from investors, went through another round of layoffs in July, TechCrunch has exclusively learned. This is the company’s fifth round since April 2021, when it cu

By: techcrunch.com

Aug 01 2024
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VC darling Rad Power Bikes hit with another round of layoffs — VC darling Rad Power Bikes hit

Rad Power Bikes, the Seattle-based e-bike startup that has raised more than $300 million from investors, went through another round of layoffs in July, TechCrunch has exclusively learned. This is the company’s fifth round since April 2021, when it cut back 100 staffers. Rad’s latest layoffs follow a culling a year ago, where the e-bike […]