Bobbie

includes Bobbie For Change

16 statements across 1 episodes · 4 bullish · 2 bearish · 1 people on the record · first statement Aug 17, 2026 by Laura Modi · said 34 times in 1 episodes since 2026 · across every show →

Mentions by year, the whole family

brought up most by Guy Raz (27), Laura Modi (7)

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Everything said about Bobbie, oldest first

Aug 17, 2026
Insight
Modi: Regulated legacy companies must engage polarizing leaders neutrally
“And if we are building a legacy business, and we're doing this right, it will mean that we're going to be dealing with characters that are polarizing, it will mean we're going to be dealing with different administrations along the way, and our job is to remain…”
Laura Modi Aug 17, 2026 ▶ 1:16:00 Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants
Aug 17, 2026 positive
Disclosure
Bobbie halted new customer orders during shortage against board advice
“I called my board. I'm going, look, here's a little bit of the dilemma. Most of them were like, this is crazy. Just keep the growth going. Like, these moments don't come around often. Like, great moment for the brand. But I went to bed that night, and I rememb…”
Laura Modi Aug 17, 2026 ▶ 1:10:14 Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants
Aug 17, 2026 neutral
Assertion Not checkable as stated
Modi: Bobbie pitched 64 investors for initial seed round, getting 4 yeses
“I spoke to 64 investors. Every day I was on the phone making introductions, driving all across San Francisco with my baby bump, and pitching Bobby, and it, you know, the other things that happened during this period I hired a designer to develop the first look…”
Laura Modi Aug 17, 2026 ▶ 35:22 Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants
Aug 17, 2026 positive
Assertion Partly supported
Modi: Bobbie generated $16M in revenue in its first year
“We'd hoped we would do around four million, and we ended up doing, ah, 16.”
Laura Modi Aug 17, 2026 ▶ 1:05:04 Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants
Aug 17, 2026 positive
Insight
Modi: No infant formula can replicate the magic of breast milk
“No formula could replicate the magic that is breast milk.”
Laura Modi Aug 17, 2026 ▶ 16:40 Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants
Aug 17, 2026
Insight
Modi: Anyone claiming an accurate pre-launch forecast is lying
“And anyone who says before they launch that they're setting a forecast they believe is accurate is totally lying. You're going out on a hope and a whim that there will be good reception to this and it will take off.”
Laura Modi Aug 17, 2026 ▶ 1:00:03 Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants
Aug 17, 2026 negative
Disclosure
Modi: Bobbie targets 10% market share rather than monopoly scale
“And hopefully one day we're not as big as the Similacs and Infamils of the world, because I don't think anyone should be, but that ideally we're serving a good 10% of the market.”
Laura Modi Aug 17, 2026 ▶ 1:17:21 Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants
Aug 17, 2026
Assertion Supported
All early hires at infant formula startup Bobbie were women
“All of the early hires were women.”
Laura Modi Aug 17, 2026 ▶ 44:20 Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants
Aug 17, 2026 negative
Assertion Supported
Modi: Bobbie went out of stock for seven months in 2024
“I still relied on my contract manufacturer to serve our essentially our demand for the next two years. And we went out of stock again in 24 for almost seven months.”
Laura Modi Aug 17, 2026 ▶ 1:13:42 Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants
Aug 17, 2026 neutral
Disclosure
Modi: Bobbie is not yet large enough to serve WIC
“And it takes companies like Bobby to gain more market share, because the reality is, even though I want to see a change, I'm not yet big enough to be able to serve WIC either.”
Laura Modi Aug 17, 2026 ▶ 1:07:27 Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants
Aug 17, 2026
Disclosure
Modi tested early Bobbie formula prototypes on her own children
“Oh, I was able to test it on my own kids. And they all got different versions.”
Laura Modi Aug 17, 2026 ▶ 33:16 Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants
Aug 17, 2026 positive
Disclosure
Modi: Bobbie raised $4M after FDA recall to rework domestic manufacturing
“So we had an investor come forward that we had spoken to in the past as well, and they ended up funding the business another four million dollars, which allowed us to spend the next 18 months, get our product off the line at this facility and into the FDA.”
Laura Modi Aug 17, 2026 ▶ 55:03 Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants
Aug 17, 2026
Assertion Partly supported
Modi: FDA issued a national recall of Bobbie's pilot product
“And they issued a national recall. Right there and then. Issued a national recall of what was a pilot”
Laura Modi Aug 17, 2026 ▶ 49:19 Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants
Aug 17, 2026
Disclosure
Modi paid herself less than $50,000 after Bobbie's first funding round
“Our first round of funding, I gave myself my first salary, which was, I think I paid myself less than 50,000 dollars.”
Laura Modi Aug 17, 2026 ▶ 41:14 Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants
Aug 17, 2026
Disclosure
Modi: Spent nearly $200K in personal funds to develop Bobbie
“First, it was 50,000, and then it went up to around 80, and then I ultimately ended up spending close to 200.”
Laura Modi Aug 17, 2026 ▶ 26:50 Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants
Aug 17, 2026
Disclosure
Modi: Bobbie launched with hand deliveries to 93 San Francisco families
“We only started selling it to San Francisco families, and we would personally go and deliver it. Remember, I remember very, we would have 93 customers.”
Laura Modi Aug 17, 2026 ▶ 47:07 Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants
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