Was having a little bit of a reminisce yesterday evening with a certain Lauretta Roberts, late of this parish, and very pleasant it was too. As part of a discussion that ranged widely, encompassing The Very Hungry Caterpillar and our favourite Print Valentines, we also debated the chances of their being another "David Mitchell" type happening in print. To recap, Mitchell and his colleagues started off in 1996 with £5m of venture capital funding and used it to acquire three printing businesses that were the beginnings of Astron. They carried on acquiring and ten years later Astron was sold to RR Donnelley for a whopping £520m. The timing, in every respect, was pretty much perfect. Mitchell heads a list of notably successful entrepreneurs in our industry who have made millions from print. A more recent example is the sale of Moonpig to Photobox for £120m. Not quite on the Astron-omical scale, but a nice outcome nonetheless for Moonpig founder Nick Jenkins. I wonder if we'll ever see their like again? Perhaps the answer will be found among the current crop of high-tech print-related entrepreneurs, such as Richard Moross at Moo.
Have your say in the Printweek Poll
Related stories
Latest comments
"Sad to see another print company facing financial trouble. The industry is tough, and this highlights the ongoing challenges many are facing. Hope employees and customers get clarity soon."
"Not surprised, businesses need to prepare for these attacks rather than thinking that they're going to avoid them. At the very least, data needs to be fully protected with air gaps in place..."
"So much for growth then!"
Up next...

Six months after Charlesworth deal
TJ Books looks to appoint admins

Current timeframes are insufficient
Election print and postal pressures highlighted in AEA report

"Significant milestone"
Riso celebrates 20 years of inkjet

Strengthens existing product portfolio