SmartSweets: Tara Bosch
Tara Bosch, founder of SmartSweets, explains how she developed a low-sugar gummy candy recipe in her grandmother's basement and secured debt financing to launch the brand. She details the critical decision to pivot from 'Stevie Sweets' to 'SmartSweets' after investor rejection, and the subsequent challenge of finding a reliable manufacturer after a partner attempted to steal her formula. Bosch describes scaling production, securing a national deal with Whole Foods, and eventually selling a majority stake to TPG for $360 million to accelerate global growth.