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
"Utilities, paper and ink but probably not transport, couriers, finisher’s for example"
"Bound to be, most likely those not key suppliers along with HMRC"
"And now watch for those reversion charges to come in thick and fast, for the slightest deviation from the mailing specification 😉😂"
Up next...
Expected to complete Q1 2025
RRD to acquire Williams Lea
Launched earlier this year
Format Graphics in world-first Agfa Jeti Bronco install
No joy finding strategic partner
Expansion fuelled CB Printforce UK collapse
Anticipated to close Q1 2025