Comment on Used bike retailer The Pro’s Closet shuttering after raising $90 million

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A Louisville-based company that sought to create a national market for high-end used bicycles, and which raised nearly $100 million from investors, is closing up shop. The Pro’s Closet said in a news release last week that it will cease operations this month. The company did not give a reason for the closure, and CEO Jonathan Czaja did not respond to a Tuesday email.