#51 Pure Gold Series: Ask Seth Goldman Anything! Plus the Announcement of Just Ice Tea

The Startup CPG Podcast · 6 Jul 2022 · 37m · Episode 28

What this episode covers

Seth Goldman, co-founder of Honest Tea and CEO of Eat the Change, announces the launch of Just Ice Tea, a new organic bottled tea line, following Coca-Cola's decision to discontinue Honest Tea. He discusses the rapid timeline for production, the strategic importance of fair trade supply chains, and how past business relationships facilitated extended payment terms for the new venture. Goldman also answers listener questions on scaling with mission integrity, navigating low points like owning a bottling plant, and adapting to inflation and supply chain pressures.

Other shows on the same ground, closest first.

  • How I Built This · 29m

    Honest Tea: Seth Goldman (2017)

    Seth Goldman, founder of Honest Tea, explains how he identified a 'sweetness gap' in the beverage industry and launched Honest Tea from his kitchen in 1997. He details the early challenges of securing a $15,000 bottle order from Whole Foods, navigating distributor rejection, and managing a critical product recall involving faulty glass bottles in 2003. Goldman also discusses the strategic decision to maintain founder control through a reverse equity structure, leading to a significant investment and eventual acquisition by Coca-Cola.

  • How I Built This · 1h 09m

    Numi Organic Tea: Reem Hassani and Ahmed Rahim

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  • How I Built This · 1h 26m

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