Annual Turnaround & Private Equity Lunch
Blackbird Bar and Grill - Brisbane
Friday 16th October 2020
12:30 pm - 3:00 pm
The TMA Queensland Committee invites you to attend its annual Turnaround and Private Equity lunch.
Tickets are limited. Please note that in the event the Covid 19 Restrictions prevent Blackbird Restaurant from hosting the Lunch, a full refund to members will be available from the TMA. Blackbird Restaurant has an approved Covid 19 safety plan in place and this will be adhered to.
The guest speaker is Michael Fox. Michael will take us through the journey of custom women’s shoe fashion technology startup Shoes of Prey. From the highs of building a business employing 200 people, raising capital from some of Australia and the US’s top Venture Capital firms and partnering with the likes of David Jones and Nordstrom, to the lows of their value proposition not transitioning from their niche customer segment into the mass market, their failed attempts at a turnaround and their ultimate decision to close down the business.
Then Michael will share his personal turnaround journey moving back to Queensland and living on the Sunshine Coast to start meat alternative business Fable, raising money from some of his former Shoes of Prey backers, partnering with British chef Heston Blumenthal and a rapid roll out into meal kit companies like Marley Spoon, restaurants, cafes and retailers Woolworths and shortly Coles.
Guest speaker
Michael Fox
CEO, Fable Food Co
Michael grew up as a meat loving Australian. As a child he once penned a song (more like a demanding chant) entitled “Steak of Glory”. He became vegetarian in 2015 for health, environmental and ethical reasons, but he still craves that steak of glory.
Michael shops at his local Farmer’s Market on the Sunshine Coast in Australia on a Saturday morning, bakes sourdough, brews Water Kefir (and has gotten accidentally drunk when a batch went awry) and generally likes to cook healthy food for his family which includes a 3 and 1 year old (he promises he’s not got them accidentally drunk). He wanted to combine his cravings for meat with his healthy home cooking habits to create a whole food based plant based meat. The result is Fable.
Friday 16th October 2020
12:30 pm - 3:00 pm