At BoS we don’t tend to default to idolising the kind of rapid and massive growth Valley culture thrives on. Mainly because it feels often driven by ego and valuation rather than solving a genuine market problem.
The ability to scale however is one of the attractive features of software after all, so when we come across a good scale-up or growth story we love getting our teeth into it.
Jason VandeBoom‘s talk from BoS Spring was one such example where he spoke about his journey of “bootstrapping” to over a thousand people at Active Campaign. The focus there was primarily on finance, management, and the entrepreneur’s personal journey.
This time we’ve got something different for you.
Cazoo’s Growth Story
Have you heard of Cazoo? If you’re outside the UK you’ll be forgiven if you haven’t because they were only founded in 2018 and launched a used-car sales platform in December 2019. Since then, in just around two years, they’ve become a force to be reckoned with.
Sure they’ve raised £450M and they’re valued at the $2B mark. Yes they’ve become the main sponsors of Aston Villa, Everton, and the World Snooker Tour (again those outside the UK will be forgiven for not knowing exactly who those football team are).
The thing that really piqued our interest what that they managed to maintain a core and healthy company culture while hiring upwards of two thousand people into their organisation since 2018.