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

 


Jon Eckhardt

Jon Eckhardt

Richard M. Schulze Family Foundation Distinguished Professor / Weinert Center for Entrepreneurship / University of Wisconsin-Madison
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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 September 16, 2021, 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 16 Sep. 2021 <https://eiexchange.com/content/we-talk-with-wes-schroll-ceo-of-fetch-rewards-softbanks-latest-u>.