A 30-year-old university dropout and former Pizza Hut delivery driver is now worth $1.1 billion — 3 times more than Ed Sheeran
, which is when a company hits a valuation of at least $1 billion,"with no prior funding."
He said the company had also expanded into the US, where it now has more than 100 employees in its Denver office.Gymshark was his seventh attempt at setting up a successful business, he wrote in The Sunday Times:"I just wanted a website that would transact." So when Gymshark made its first profit of just £2, Francis said it felt like they'd"won the lottery."
He and his cofounder, university friend Lewis Morgan, used everything they had to pay for a stand at the BodyPower Expo in 2013. The pair were turning over about £300 a day at that time, Francis wrote. But after the expo, Gymshark was suddenly making sales of £30,000 in 30 minutes and he realized it could be something big.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Alex Borstein on Divorce, Deep Dish Pizza, and Dating ComediansAs 'The Marvelous Mrs. Maisel' comes to an end, Borstein subjected herself to our Rorschach Test, sounding off on buccal fat removal, Seth MacFarlane, and Ms. Swan.
Read more »
Vince Vaughn spotted in N.J. city eating pizza, posing with fansEven movie stars need a good Jersey slice!
Read more »
Valley math teacher inspiring students wins free pizza for a yearA Valley math teacher is taking home a tasty award thanks to one of his students and Lou Malnati's Pizza. MORE ⬇️
Read more »
Ooni pizza oven review: The Ooni Karu 16 is well worth the investmentThis multi\u002Dfuel pizza oven is surprisingly one of our most\u002Dused appliances
Read more »
13 media kit examples that Instagram influencers use to pitch brandsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
Twitter exec quit when told to install illegal locks that risked livesA Twitter exec quit over arguments he install illegal locks and heaters that 'would put lives at risk' in headquarters' bedrooms, lawsuit says
Read more »