Sinclair Research worried that Clive Sinclair himself was using his own personal wealth to fund his inventions. By 1990 the company's entire staff had been reduced to just Sinclair himself, a salesman/administrator, and an R&D employee. By 1997 only Sinclair himself was working at his company. In 1992, the "Zike" electric bicycle was released, Sinclair's second attempt at changing people's means of transport. It had a maximum speed of , and was only available by mail order. Much like the C5, the "Zike" was a commercial failure, and sold only 2,000 units. In 1999 Sinclair released the world's smallest radio, in the
Clive Sinclair "Sinclair Radio" was available but did not sound right. Sinclair Radionics was formed on 25 July 1961. Sinclair made two attempts to raise startup capital to advertise his inventions and buy components. He designed PCB kits and licensed some technology. Then he took his design for a miniature transistor pocket radio and sought a backer for its production in kit form. Eventually he found someone who agreed to buy 55% of his company for £3,000 but the deal did not go through. Sinclair, unable to find capital, joined United Trade Press (UTP) as technical editor of "Instrument Practice". Sinclair appeared