La Colombe Coffee Roasters: Todd Carmichael and J.P. Iberti

How I Built This · 20 Jul 2020 · 1h 04m

What this episode covers

Todd Carmichael and J.P. Iberti, co-founders of La Colombe Coffee Roasters, recount their journey from meeting in 1980s Seattle to pioneering the third-wave coffee movement in Philadelphia. They detail their early struggles, including roasting beans in a cafe with a makeshift chimney, and their strategic pivot to direct farm sourcing and ready-to-drink products like the Draft Latte. The episode highlights their decision to buy out a private equity investor to avoid rapid cafe expansion, a move that allowed them to scale into a billion-dollar company with widespread grocery distribution.

Mentioned

Companies
La Colombe Coffee Roasters, Starbucks, Intelligentsia, Counter Culture, Espresso Roma, Toscanini's Italia, Le Bec Fin, Paragon Coffee, U.S. Bank
Products
Draft Latte

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