Grenade's founder started with a £500 government loan and grew it to nearly £1 billion in 15 years. He describes selling the business as like selling a child, and argues that knowing when to exit, rather than staying on indefinitely, matters more than most founders admit.
We started Grenade with a £500 Passport to Export UKTI startup loan, and then as of last year, it was just shy of a billion dollars. So I think there's just so few people who've done that in the UK. I've been 15 years at Grenade, so to suddenly not be there and then, you know, sell your business, sell your brand, it's a real shock. It's like sort of selling a child. Just one minute it's there, the next it's not. The timing all seemed to work well. You know, you don't want to be in a business or a brand potentially too long. There's no point me sitting there when I'm 70.
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