Kochie’s next big career move
Former Sunrise host David Koch has revealed his next career venture after a 21-year long career on breakfast TV.
Kochie left the Seven Network program last month to spend more time with his family and focus on his work in finance, with his latest investment being Australian beverage company Goodness Group Global’s Nexba drink.
This is the 67-year-old founder of Pinstripe Media's biggest investment since leaving Sunrise, contributing to the $7.75 million fundraising effort for Nexba.
The move was one that Kochie was planning for a while, after he revealed that he had met with the brand’s founders a decade ago, and that it is one of the few brands he's invested in over the years.
“I met the Nexba founders on a plane 10 years ago and have followed and admired their journey ever since. When the opportunity came to become a shareholder, I jumped at the chance,” he said.
“I love supporting young Aussie entrepreneurs and Nexba joins a group of six other start-ups and scaleups I’ve invested in over recent years. Whenever I assess the suitability of a company for potential investment, there are a few key principles that guide me.
“One is the quality and integrity of the founders of the business and the other is having a strong purpose to deliver value and impact long term.
"In the case of Nexba and Goodness Group Global – I overwhelmingly support both," he added.
“We know that Nexba is on a mission to create a lasting impact of better health and wellness and that’s not only a worthy journey to join, but is hopefully a good investment decision as well.”
Nexba specialises in "naturally sugar free” soft drinks and is available across Australia, New Zealand, South Korea, UK and Europe.
Aside from crafted soft drinks they also sell kombucha, nootropics, iced tea and mixers.
Kochie's decision comes after Pat Cummins was named the company’s global brand ambassador and is also a shareholder of Goodness Group Global.
Image: Seven