S10 Bonus: Rob Grazioli, Bread

1208.672 - 1239.353 Rob Grazioli

We basically almost bankrupt our business. This was back in 2013. So out of college, we started a services business with our profits. We would invest in building new product and tried to bring that product, bring those products to market to essentially make more money. We built a book of business that was a bit flimsy and probably overspent on R&D and research into these net new products.