#75 Behind the Scenes of Equity Crowdfunding with tbh (+ Popadelics)
The Startup CPG Podcast
Startup CPG
4.9 • 642 Ratings
🗓️ 10 January 2023
⏱️ 64 minutes
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| 0:00.0 | There is a lot of financial documentation that we had to turn over to them so that they had |
| 0:09.0 | confidence in putting us on their platform. They don't want to put up companies that are not |
| 0:13.3 | financially sound. So we had to turn over P&Ls, balance sheets, income statements, everything. |
| 0:19.9 | Welcome to the Startup CPG podcast. |
| 0:22.2 | I'm your host, Jesse Freytag. |
| 0:24.3 | A few weeks back, we talked about Angel Investing 101 on the show, and equity crowdfunding |
| 0:29.1 | got a brief shout out. |
| 0:30.8 | I was super curious on the topic and thought who better to talk about equity crowdfunding |
| 0:35.0 | than someone in the process right now. |
| 0:38.2 | Today we're joined by Elena Gooberman, co-CEO of TBH, a brand focused on reimagining nostalgic |
| 0:45.1 | snacks. Their first product is a better for you, better for the planet, plant-based version of |
| 0:50.6 | Nutella, with no palm oil, 50% less sugar, and three times the protein. |
| 0:56.0 | TBH was co-founded by someone you may know, Stranger Things actor and entrepreneur, Noah's |
| 1:01.3 | Schnapp. Listen in as Elena shares about the details of their current equity crowdfunding |
| 1:06.5 | raise on Republic that as of our recording date has blown past its $25,000 goal with over $450,000 |
| 1:14.4 | raised from over 550 investors. Why they chose equity crowdfunding? What it's like getting set up |
| 1:21.7 | on an equity crowdfunding platform as far as the due diligence process and Elena's launch prep tips, how they're using the campaign |
| 1:29.5 | to educate Gen Z consumers about investing and why keeping the minimum investment at $50 was |
| 1:35.5 | important. As a side note, Elena will mention in the show that over 70% of campaign investors |
| 1:41.1 | invested less than $250. So cool. |
| 1:44.6 | The story behind their NOSH award-winning collaboration with Chubby Snacks |
| 1:48.5 | and why collaborations are part of the TBH strategy, |
... |
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