Sep 20, 2017
" We had no exit plan. In fact we didn't even know the phrase exit strategy. We were three guys who wanted to set up a smoothie business and we had a hope that it would be successful but an assumption that it wouldn't, but we got started anyway...and it just grew and grew and grew. I think to be honest no-one was more surprised than we were really. "
In this week's show I speak to Richard Reed who co-founded Innocent Drinks in 1999 and 15 years later sold to Coca Cola for north of $500 million.
JamJar Investments was then founded 48 hours later with his innocent co-founders to offer funding options for the next generation of entrepreneurs.
In part two I speak to Macrebur's founder Toby McCartney winner of Virgin's 2016 Voom competition who are turning waste plastics into new roads. They recently tried to raise £500,000 in 60 days through crowdfunding with Seedrs and received over £1.5 million in just 9 days, including investment from a certain Sir Andy Murray as one of those investors.