The Foundr Podcast with Nathan Chan cover image

438: How Nick Mowbray Built ZURU into a Multibillion-Dollar Toy Company

The Foundr Podcast with Nathan Chan

CHAPTER

Scaling With Cash Flow

Grossman Arjun: I look at businesses like Oatley and all the hype around Oatley. How are they valued so highly? Obviously, a lot of them have recreated through this period or this last six months. To answer your question, we started and we lived literally off nothing for seven years. Even when we were making tens of millions of dollars a year, we still lived on literally dollars a week. Our business structure is set up very differently. We use the sale of retail, Walmart, Target, Tesco, Carrefour. We only ship in toys. It's amazing how fast compounding goes. If you take 32 numbers and you compound them,

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