“We had reached a point where we needed to move from improvising to working professionally. New structures, new employees, new markets. For that, we needed the right investments at the right time.”

“The procurement was never the problem, it was the financing. Everything has to be paid upfront, and that’s exactly where we kept hitting our limits.”

“We knew that our house bank was probably not the right place for such short-term inventory financing.”

“We went for more partner diversity, but the outcome was disappointing. At some point it was clear: things couldn’t go on like this.”