131 - Matt Kelly - £11 Million From A Kitchen With Neon Beach, Launching SpaceGoods
The Frankie Lee Podcast
How Did It All Go Wrong?
The business the whole did about 11 million in revenue in 2020 across the two so it's about three and eight. The first problem with the neon thing was yeah the supply chain was fucking difficult anyway but then because of Covid higher demand supply chain everywhere was fucked especially when you're making B2B custom stuff we were shipping it from China originally which wasn't even the problem by the way. When I brought it to a factory in the UK found this place only visited it once didn't do property diligence whatever paid them loads of money upfront to basically make collaborate on getting our own factory together they couldn't handle the demand. They hadn't told me about being a B2B supplier all this
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