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Manuel Saez built an electric bike company that was working. Subscribers in New York City, real demand, a product people wanted. Then COVID hit. Twelve months of inventory sat stuck in a shipping container while the debt piled up. Without inventory or investor support, he had to exit earlier than he wanted to.
He calls it landing the plane. Not an explosion — dents and scratches, but intact.
In this episode, Manuel talks about timing as a startup variable, what investor support in words actually costs you, and even and exit can hurt. And what it means to walk away ready to fly again.
By Meredith BrunetteManuel Saez built an electric bike company that was working. Subscribers in New York City, real demand, a product people wanted. Then COVID hit. Twelve months of inventory sat stuck in a shipping container while the debt piled up. Without inventory or investor support, he had to exit earlier than he wanted to.
He calls it landing the plane. Not an explosion — dents and scratches, but intact.
In this episode, Manuel talks about timing as a startup variable, what investor support in words actually costs you, and even and exit can hurt. And what it means to walk away ready to fly again.