{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"The $1.5 Billion Sale of Freshly | Mike Wystrach","description":"Mike Wystrach is the founder of Freshly, the ready-made meal delivery company he launched in 2015 and sold to Nestl\u00e9 for US$1.5 billion five years later. In this episode, he shares his journey from growing up in an entrepreneurial family on a cattle ranch in southern Arizona to starting Freshly. He and Dave discuss what it takes to scale a physical food business fast, how Freshly hit a US$8 million run rate in five months, and the exhaustion that eventually compelled him to sell. They also cover his current work at PetFolk, his US$75 million consumer VC fund Cutting Horse, and how he thinks about evaluating founders. In his view, grit and coachability are more vital than product and market size. Related Links: Mike\u2019s Website: https:\/\/mikewystrach.com\/ Mike\u2019s LinkedIn: https:\/\/www.linkedin.com\/in\/michaelwystrach Mike\u2019s Instagram: https:\/\/www.instagram.com\/mikewystrach\/?hl=en &amp;nbsp; ","author_name":"EO 360\u00b0: A podcast by the Entrepreneurs\u2019 Organization","author_url":"https:\/\/entrepreneursorg.libsyn.com\/","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/42024535\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/3239cb\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/42024535"}