How Elio Leoni Sceti How Elio Leoni Sceti

The Craftory Secret to a Successful Exit

How to achieve over five times growth in three and a half years

This week we exited Edgard and Cooper to General Mills, and it’s a major deal for all parties involved. To give you some measure of scale: Last year (2023) Edgard and Cooper’s estimated retail sales were in excess of €100M. This represents over five times growth during the three and a half years they were part of the Craftory portfolio.

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How Ernesto Schmitt How Ernesto Schmitt

Recipes for challenger success in challenging times

How to keep partying like it’s 2019

Ah, the halcyon days of the twilight twenty-tens, when consumers cared about cause, iOS allowed tracking without opt-in, money was cheap, and CPG incumbents were clueless.

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How Ernesto Schmitt How Ernesto Schmitt

The trap of “status quo risk” vs. “change risk”

When staying put is the most dangerous thing you can do

Human nature is to fear risk. We abhor it. Almost as much as we loathe change. In an evolutionary ideal world, homo sapiens finds contentment in going about our merry business the same way, day after day, safe in the knowledge that all is well with the way things are.

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How Ernesto Schmitt How Ernesto Schmitt

Of rates of change, and letting go

How founders can lead best during their ventures’ tricky teenage years

Parenting, it is often said, is a thankless task. Children are born as the fruit of effervescent optimism, but the daily grind of changing diapers, sleepless nights, strained marital relations, and adolescent moodiness is often enough to make the very best of us forget why we produced the little terrors to begin with.

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