Overview
- Tom Grogan sold a majority stake in Wingstop UK valued at £400 million (about $532 million) and says the aftermath felt unexpectedly empty.
- He describes life post-sale as boring and plans to return to work, indicating his next move will likely be outside food and beverage.
- Grogan and cofounders Herman Sahota and Saul Lewin have shifted from operating a business to learning conservative wealth management across stocks, bonds, and other instruments.
- He says he has avoided big-ticket splurges and spent the first half of the year reassessing goals after nearly a decade of building the UK franchise.
- The experience is framed alongside other founders’ accounts of post-success letdown, including Airbnb CEO Brian Chesky calling his company’s IPO a sad period.