3min chapter

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171: Building the most popular ebike in America - The crazy story of Lectric Ebikes with founder Levi Conlow (also - launch of their XPedition cargo bike!)

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CHAPTER

Is P.E. A Capital Fit for Micro Mobility?

Electric is backed by private equity. It's really easy to get VC money, but the capital may be structured in a lot of tranches or just structure where it actually hurts the company long term. The P.E. is much more prioritized on good business and market dominance rather than grow, grow, grow and let's try to pass this onto the next person quick.

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