Creating a reuse marketplace for the retail, office and construction sector – May Al-Karooni
May is the CEO and Founder at Globechain
Originally working in investment banking May’s job was fundraising for hedge funds and working in asset management.
When her company moved offices she was shocked by the cost and waste generated by moving offices. Her suggestions to donate the company’s old office supplies fell on deaf ears and her company spent around £50,000 destroying the old furniture.
May thought this was commercially crazy. Why has no one digitised waste and connected corporate companies to people who need these products? This eureka moment was how Globechain initially came about.
00.42 May’s background and career experiences.
02.33 Capitalising on office waste
04.09 Creating Globechain
08.03 Globechain’s subscription model
12.53 Creating your own industry
17.20 Raising a funding round
18.25 VC burn-rates
21.51 The dangers of hiring too quickly
25.15 Scaling your business
29.22 Careers at Globechain