Turning from the sea view from the third floor window of e-commerce firm OnBuy’s Bournemouth headquarters, founder and chief executive Cas Paton recalls a meeting he held with PayPal, in the early stages of his company’s story.
“I sat in this meeting in Richmond, they asked us, ‘What are your sales’? I said around £1m. They asked ‘Where do you want to be in a year?’ I think I said £5m. And then they asked ‘Where do you want to be the year after?’ And I said ‘let’s go for £25m’ - and they laughed at me.”
Well, nobody is laughing anymore. In a short space of time OnBuy has scaled figurative heights that greatly exceed the four-story base it moved into at the start of last year.
