Perfect Snacks: Bill and Leigh Keith
Bill and Leigh Keith, co-founders of Perfect Bars, explain how they turned their father's homemade peanut butter and honey recipe into a major CPG brand, eventually selling to Mondelēz International. They detail the bootstrapped journey from hand-rolling bars in a Sacramento warehouse to securing deals with Whole Foods and Costco, and the critical decision to introduce a chocolate chip flavor to meet investor metrics. The episode highlights a major crisis when a false positive salmonella test forced a massive recall, nearly shutting down the company before they secured $15 million in investment from VMG Partners.