The Small Business Sessions podcast (series three, episode 12): The entrepreneur who raised £163.57m to help people have a good kip

The Small Business Sessions podcast (series three, episode 12): The entrepreneur who raised £163.57m to help people have a good kip
Emma Jones
Emma JonesOfficial

Posted: Wed 24th Oct 2018

In the final episode in the current series of the Small Business Sessions podcast with Xero we meet Jas Bagniewski, co-founder of mattress company Eve.

Eve is a company which saw massive growth very quickly. In its first year, the business sold 11,000 mattresses and made a turnover of £3.5m. It also raised £57m, much of which came from the company going public in 2017.

But the losses were high too and in July 2018, Bagnieowski quit following a profit warning after a 61% sales growth, short of the 100% growth expected.

We recorded this podcast before the entrepreneur stepped down but have chosen to still release it to give insights into the early growth of the business.

In conversation with Enterprise Nation founder Emma Jones, Bagnieowski discusses how the business started with selling 6,000 mattresses on Groupon, its international expansion and why he went public so early.

You can listen to the podcast below and on platforms including iTunes and Stitcher. Please do subscribe and review.

Whether you're having trouble finding the numbers you need in spreadsheets, or looking for funding, having beautiful accounts is a must. That's why we've teamed up with Xero to offer you online accounting software to help you manage your cashflow and finances. If you're a start-up earning less than £50,000 per annum, sign up to Xero for Startups with an exclusive 50% off for 12 months!

Ths podcast was recorded and edited by Enterprise Nation member and audio production service, Podraffi.

To hear all previous episodes of the Small Business Sessions, go here.

Emma Jones
Emma JonesOfficial
Following a degree in Law and Japanese, Emma joined international accounting firm Arthur Andersen, where she worked in London, Leeds and Manchester offices and set up the firm's Inward Investment practice that attracted overseas companies to locate in the UK. In 2000, bitten by the dot.com bug, Emma left the firm to start her first business, Techlocate. After 15 months, the company was successfully sold to Tenon plc. The experience of starting, growing and selling a business from a home base gave Emma the idea for Enterprise Nation which was launched in 2006 as the home business website. The company has since expanded to become a small business membership community of over 75,000 people who benefit from events and support: online and in person. Enterprise Nation also presents a campaigning voice to government and the media on behalf of its members. In 2021, Emma was awarded a CBE for services to small businesses and entrepreneurs.

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