PodCrash with Matt Ebert

← PodCrash with Matt Ebert29. Sept. · 1 Std. 01 Min.

Jamba Juice CEO Reveals How He Grew The Company 500% - After It Ran Out Of Money

Jamba Juice CEO Reveals How He Grew The Company 500% - After It Ran Out Of Money29. Sept.1 Std. 01 Min.

In December 2008, James D. White took over a public company that had almost no cash left. The previous management team had burned through $100 million, made a string of bad real estate deals, and left the market cap heading one direction. He walked into the Great Recession with a smoothie chain that didn't sell anything hot, in cities where it was winter. He told the board he needed six months to figure it out. Inside 45 days he'd moved on two executives. Inside seven years the market cap wa...