Kodiak Cakes: Joel Clark (2020)

How I Built This · 2 Jan 2023 · 1h 14m

What this episode covers

Joel Clark, co-founder of Kodiak Cakes, recounts the 15-year struggle to scale his family's whole grain pancake mix from a garage operation to a $200 million brand. He details near-bankruptcy events, including a failed cookie venture and a $50,000 error from a doubled Safeway promotion, before securing a transformative Target order and a Shark Tank appearance. The episode highlights the launch of Power Cakes, which capitalized on the high-protein trend, and the eventual acquisition by a private equity firm after years of bootstrapping and family-backed financing.

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