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Index/Startups & Founders/The Final Update
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The Company Was Working

The Final Update · 2026-06-04 · 5 min

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Episode notes

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.

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