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Purple founder: Know when to step down as CEO as your startup grows – Fi5

Purple founder

Gavin Wheeldon is the founder and CEO of Purple, a cloud-based technology company providing software to transform venues into intelligent-tech hubs.

Wheeldon founded Purple in 2012 out of frustration with poor guest WiFi. Now, Purple works with thousands of businesses across the globe to get the most out of their public space WiFi. Its WiFi-based solutions include loyalty programmes in airports and smart city analytics showing high footfall areas.

Wheeldon sold his previous business, Applied Language Solutions (ALS), to Capita in a deal worth up to £67.5m in 2011. The entrepreneur has since appeared on BBC’s Dragon’s Den and an episode of Channel 4’s Secret Millionaire, but his focus is currently on growing Purple.

In this week’s Founder in Five Q&A, Wheeldon explains why you should “never stop fundraising”, when a founder CEO should pass on the baton, and shares his advice for organising his day....

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