TerraCycle: The Google of garbage?
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Tom Szaky wants to be the rag-and-bone man to the world, collecting the rubbish no one else wants – cigarette butts, razors, expired pills and plastic food wrappers – and turning an enormous profit by finding new uses for it.
His US-based company TerraCycle already has rubbish collecting and recycling operations in six countries and expects to launch in 11 more (including Japan, Australia and Sweden) in the next year. He launched TerraCycle in Britain last September and in Ireland this month.
'We’re just a $40 million company at the moment,’ he says. But he plans to become the Google of garbage. 'A billion-dollar company doesn’t seem that big… why not!’