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We Talk with Wes Schroll, CEO of Fetch Rewards, Softbank's latest Unicorn

Jon Eckhardt

by Jon Eckhardt

Category: Interviews Tags: Venture Capital Startups financing start-up finance unicorn

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On April 1, Madison, Wisconsin-based company Fetch Rewards became a unicorn, with a $210 million investment round lead by SoftBank VisionFund 2. EIX Editor in Chief Jon Eckhardt interviewed the company's founder, Wes Schroll, on how he built Fetch Rewards in Madison, Wisconsin, into a billion-dollar company. This interview is a preview of our upcoming customer development series that will be launched soon at EIX. 

Highlights

  • Wes was 19 when he started Fetch Rewards in 2013
  • In the startup phase staying focused on learning instead of immediate financial profit metrics can be a path towards finding a novel business model.
  • Fetch Rewards worked closely with a local grocery store to discover the business model. 

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Jon Eckhardt
Jon Eckhardt
Richard M. Schulze Family Foundation Distinguished Professor / Wisconsin School of Business & Wisconsin Institute for Discovery / University of Wisconsin-Madison
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David Deeds
David Deeds
Daniel Forbes
Daniel Forbes

Cite this Article

DOI: 10.32617/644-606b260de7e0e
Eckhardt, J. (2021, April 5). We talk with wes schroll, ceo of fetch rewards, softbank's latest unicorn. Entrepreneur & Innovation Exchange. Retrieved December 12, 2024, from https://eiexchange.com/content/we-talk-with-wes-schroll-ceo-of-fetch-rewards-softbanks-latest-u
Eckhardt, Jon. "We Talk with Wes Schroll, CEO of Fetch Rewards, Softbank's latest Unicorn" Entrepreneur & Innovation Exchange. 5 Apr. 2021. Web 12 Dec. 2024 <https://eiexchange.com/content/we-talk-with-wes-schroll-ceo-of-fetch-rewards-softbanks-latest-u>.