Omsom CEO Vanessa Pham Shares Her Start-Up’s Silicon Valley Bank Experience

Radio Cherry Bombe

The Cherry Bombe Podcast Network

Restaurants, 591312, Business, Arts, Food Radio, Interviews, Kerry Diamond, Female Chefs, Radio Cherry Bombe, Entrepreneurs, Society & Culture, Women, Careers, Women In Food, Food, Cherry Bombe Magazine, Talk Radio, Chefs, Restaurateurs

4.6 • 592 Ratings

🗓️ 20 March 2023

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

Hosted by Kerry Diamond Produced by Catherine Baker and Jenna Sadhu Edited by Jenna Sadhu Music by Tralala, “All Fired Up” Of all the things Omsom CEO Vanessa Pham expected to be dealing with earlier this month, the Silicon Valley Bank collapse was not one of them. As co-founders of the Asian flavors and sauces start-up, Vanessa and her sister Kim have successfully steered the mission-driven Omsom to national distribution with the likes of Whole Foods, partnered with influential chefs like Nicole Ponseca, and helped change the conversation around Asian-influenced consumer product goods and pantry staples. But Omsom was a customer of Silicon Valley Bank, which famously failed on March 10th, and Vanessa, Kim, and the rest of the team had to confront an immediate future with no capital. Omsom faced its rollercoaster of a week by leaning into their hallmark transparency, and their community rallied around them. Vanessa shares it all with host Kerry Diamond and also talks about how Omsom came to be. Subscribe to our newsletter and check out past episodes and transcripts here. For Jubilee tickets, click here. More on Vanessa: Instagram, Omsom, website Radio Cherry Bombe is a production of The Cherry Bombe Podcast Network.

Transcript

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0:00.0	Hi, everyone's listening to Radio Cherry Bomb, and I'm here.
0:07.0	Hi, everyone, you're listening to Radio Cherry Bomb, and I'm your host, Carrie Diamond, coming
0:21.7	to you from Rockefeller Center in the heart of New York City. I'm the founder and editor of
0:26.9	Cherry Bomb Magazine, and each week I talk to the most interesting culinary folks around. Joining me in the
0:32.9	studio today is Vanessa Fam, the CEO of Amsam, the brand known for its Asian flavor packets and
0:39.6	sauce starters. Amsam launched in 2020 and was founded by Vanessa and her sister Kim. I'm sure
0:45.6	a lot of you were following and continue to follow the Silicon Valley Bank collapse story.
0:51.2	Well, Amsam was a customer of Silicon Valley Bank and saw all of their funds disappear.
0:56.9	In typical Amsom fashion, the sisters leaned into the community, entrepreneurial thinking, and transparency they are known for, and shared the situation and evolving story on Instagram.
1:07.8	Before you listen to my interview with Vanessa, you should check out those Instagram posts to get a sense of what they were going through real time. I'm grateful to Vanessa
1:16.0	for coming by at this very busy time and telling us more. Stay tuned for our chat. I'll keep
1:22.5	this week's housekeeping quick. I know many of you have been asking when Cherrybom's magazine
1:26.4	subscriptions would be coming back. Well, they are back. Head to Cherrybom. been asking when Cherrybom's magazine subscriptions would be coming back.
1:28.4	Well, they are back.
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1:32.9	We also have some options that combine a subscription plus a Cherry Bomb membership, and there's
1:37.8	also a special option for you CEOs and founders out there.
1:41.4	Don't miss a single issue of our beautiful quarterly magazine.
1:44.7	Each issue celebrates women in and around the world of food, drink, and hospitality.
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1:57.5	Fun fact, our printing is done in Rhode Island by a family-owned printer known for their
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	...

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