Hannah Spilva shared the stage giving insights on tips for Entepreneurs to exit with Leigh Jasper who sold his startup Aconex for $1.6b and Brad Moran who recently sold Citrusad to Publicitas for $205m!
Hannah and her partner Verity Tuck, sold her local flower delivery startup LVLY in 2015 for $35 million by south-east Asian tech firm Limitless Technology last year (in 2022)
4 secrets of a high value exit from Hannah
- International focus
- The right buyer - Limitless Technology launches, scales, and acquires profitable e-brands across Asia Pacific, with a focus on gifts, confectionery, health, and fashion.
- Exponential revenue growth - 629% in 3 years - reaching $13.9 million, with 162 employees working from its locations in Melbourne, Sydney, Adelaide and across Australia.
- A strong social and environmental conscience - guided by 3 simple principles – to be lovely to people, lovely to Australia and lovely to our planet
- Supporting local and treading lightly on the planet is underpinned by our Paddock to PosyTMsupply chain working with local growers and wholesalers.”
Spilva and Tuck both worked in advertising bl (before lvly) and saw a glaring gap in the online flower and gift-giving market.
They built a flower business settting a standard for same-day delivery - with a simple easy to use platform .
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