The Small Business Sessions podcast (series three, episode 12): The entrepreneur who raised £163.57m to help people have a good kip
Posted: Wed 24th Oct 2018
In the final episode in the current series of the Small Business Sessions podcast with Xero we meet Jas Bagniewski, co-founder of mattress company Eve.
Eve is a company which saw massive growth very quickly. In its first year, the business sold 11,000 mattresses and made a turnover of £3.5m. It also raised £57m, much of which came from the company going public in 2017.
But the losses were high too and in July 2018, Bagnieowski quit following a profit warning after a 61% sales growth, short of the 100% growth expected.
We recorded this podcast before the entrepreneur stepped down but have chosen to still release it to give insights into the early growth of the business.
In conversation with Enterprise Nation founder Emma Jones, Bagnieowski discusses how the business started with selling 6,000 mattresses on Groupon, its international expansion and why he went public so early.
You can listen to the podcast below and on platforms including iTunes and Stitcher. Please do subscribe and review.
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Ths podcast was recorded and edited by Enterprise Nation member and audio production service, Podraffi.
To hear all previous episodes of the Small Business Sessions, go here.