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131 - Matt Kelly - £11 Million From A Kitchen With Neon Beach, Launching SpaceGoods

The Frankie Lee Podcast

CHAPTER

Fuck It

Neon beach has gone into administration. The profitable brand got swallowed automatically so you lost everything overnight. I had a bunch of offers from because this happens all the time there's like fucking 20,000 companies go under every year in the UK probably more and there's funds that will buy up those deals basically. They ended up putting it was about one and a half million quid into the whole thing um which basically meant that customers got their money back. So then they gave me 20% of the companies that was said I 20% the company on the deal that I would work with them for six months to get my business going again. It didn't end up going very well for them but

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