Foundation Fridays: And the Winner is………..

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Blackstone CEO Stephen Schwarzman (left) presided over judging and participated in the award ceremony. Gabriel is second from the right.

……….Wash Cycle Laundry yet again! This time it has won first place and a $25,000 prize in a business competition sponsored by the Blackstone Group.

We met Wash Cycle Laundry founder and CEO Gabriel Mandujano when he spoke at a conference three years ago about how difficult it is for young businesses to attract capital. We provided a loan soon thereafter, which in turn attracted the equity that the company needed to grow.

Here’s a short video with the basics on Gabriel, his business, and the bikes!

“Bicycle means simplicity and simplicity means happiness!” Mehmet Murat ildan

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