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Our History
Early Years
2002 : watch video
A man, millions of worms and a lot of debt:
Early Years
2002 : watch video
A man, millions of worms and a lot of debt:
After Tom placed 5th in the Princeton Business Plan Contest, he decided to go ahead with his idea and start producing worm casting based fertilizers on his own. He emptied both his savings accounts and maxed out his credit cards to buy a $20,000 worm gin. The gin gave him a compact and portable home office for millions of worms.
Most of Tom’s time was spent shoveling rotting food out of the back of Princeton Cafeterias. Broke, exhausted and ready to throw in the towel Tom met Suman Sinha, a venture capitalist who cut the young entrepreneur a check and became TerraCycle’s first investor. With the money invested by Suman, Tom was able to rent his first office space at 20 Nassau St. in Princeton.