A frightening family experience led money manager Thorne Perkin to a business opportunity that is now paying off thanks in part to the pandemic.
Years ago, Mr. Perkin’s young son had a series of staph infections. When one sent his son to the hospital, Mr. Perkin noticed how frequently doctors sanitized their hands. His family was sent home with a powerful skin cleanser that was effective—but unpleasant. “The idea just hit me: Why is there no premium product hand sanitizer in the marketplace for consumers?” he said.
Inspired by this experience, Mr. Perkin helped launch a hand-sanitizer business in 2015 that became known as Olika. It began selling sanitizer in 2017; and, this week, publicly traded biotechnology company Amyris Inc. closed on an agreement to buy the company. Mr. Perkin said he and his family invested more than half a million dollars and received a return of more than 10 times their investment in the Amyris purchase.two years ago.
Bro won the lottery
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