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Nima Fotovat

11 statements across 1 episodes · 2 bullish · 1 bearish · 1 people on the record · first statement Aug 10, 2026 by Nima Fotovat · across every show →

On the record as a speaker too: Nima Fotovat's record, appearances and statements → this page counts the times other people say the name.

Everything said about Nima Fotovat, oldest first

Aug 10, 2026
Assertion Not checkable as stated
MadeGood Secured a Rare $2M Pre-Revenue Bank Loan for Manufacturing
“Well, the bank of parents' retirement funds, also, we went to an actual bank and got a loan. We securitized it with the homes that we had, and we went, and it's rare to get pre-revenue loans from a bank. But because they knew us, and they saw what we did befor…”
Nima Fotovat Aug 10, 2026 ▶ 36:47 MadeGood: Salma and Nima Fotovat Lost Their First Business. They Grew Their Next One Into a Snack Giant.
Aug 10, 2026
Assertion Partly supported
MadeGood Packaging Devotes 50% of Front Panel to Its Logo
“Made Good takes up 50% of the front, front panel, and so this was all design disruption that we did to stand out on shelf.”
Nima Fotovat Aug 10, 2026 ▶ 34:53 MadeGood: Salma and Nima Fotovat Lost Their First Business. They Grew Their Next One Into a Snack Giant.
Aug 10, 2026 neutral
Assertion Not checkable as stated
Fotovats Started Nougat Factory Without Food Science Backgrounds
“They rented a 3000 square foot facility, they bought used equipment, they had no food science background, and it sounds simple making nuggets, but making nuggets is extremely difficult.”
Nima Fotovat Aug 10, 2026 ▶ 11:10 MadeGood: Salma and Nima Fotovat Lost Their First Business. They Grew Their Next One Into a Snack Giant.
Aug 10, 2026
Insight
Industry Experience Outweighs Capital When Restarting a Business
“Whereas if we started doing the same thing, we brought with ourselves the most valuable thing, which was a decade or a decade and a half of experience. And there's no point in throwing that away. Forget about the money. The money was the least important thing …”
Nima Fotovat Aug 10, 2026 ▶ 28:23 MadeGood: Salma and Nima Fotovat Lost Their First Business. They Grew Their Next One Into a Snack Giant.
Aug 10, 2026 negative
Assertion Supported
Fotovat Family Was Bought Out of Taste of Nature in 2012
“And on July, 26th, 2012, I was on my way to the office, and my dad calls me that says, don't come in. We were just delivered a check, and we were bought out.”
Nima Fotovat Aug 10, 2026 ▶ 24:14 MadeGood: Salma and Nima Fotovat Lost Their First Business. They Grew Their Next One Into a Snack Giant.
Aug 10, 2026 positive
Disclosure
Riverside Natural Foods Aims to Build a House of Brands
“Riverside Is here so that we can become one day a house of brands, and we are looking for creating that next brand that we want to house under Riverside, and that is intentional.”
Nima Fotovat Aug 10, 2026 ▶ 52:08 MadeGood: Salma and Nima Fotovat Lost Their First Business. They Grew Their Next One Into a Snack Giant.
Aug 10, 2026 neutral
Assertion Not checkable as stated
Fotovats Pivoted to Snack Bars by Changing Binder Formula
“Given that they were already making bars, they, all they had to do was to remove the nougat as the binder. And create a syrup binder and add fruits and nuts and make a fruit nut bar.”
Nima Fotovat Aug 10, 2026 ▶ 13:13 MadeGood: Salma and Nima Fotovat Lost Their First Business. They Grew Their Next One Into a Snack Giant.
Aug 10, 2026
Assertion Not checkable as stated
MadeGood Generates Hundreds of Millions of Dollars in Annual Revenue
“We're not a billion dollar brand. We're in the hundreds, and .”
Nima Fotovat Aug 10, 2026 ▶ 1:02:50 MadeGood: Salma and Nima Fotovat Lost Their First Business. They Grew Their Next One Into a Snack Giant.
Aug 10, 2026
Insight
Allergen-Free Snack Branding Should Emphasize Taste First
“The other layer of insight that we had was that the allergen free should not be a prominent call out. It's something that it's a background. Yes, we're allergen free, but first and foremost, we taste great.”
Nima Fotovat Aug 10, 2026 ▶ 33:23 MadeGood: Salma and Nima Fotovat Lost Their First Business. They Grew Their Next One Into a Snack Giant.
Aug 10, 2026 neutral
Disclosure
Second-Generation Fotovats Held No Equity During 2012 Buyout
“We were not generation two were not equity owners, so the money went to, it was essentially for my dad, and then there wasn't, let's say, wasn't, this was not a windfall exit”
Nima Fotovat Aug 10, 2026 ▶ 25:49 MadeGood: Salma and Nima Fotovat Lost Their First Business. They Grew Their Next One Into a Snack Giant.
Aug 10, 2026 positive
Assertion Not checkable as stated
Fifty Percent of MadeGood's Household Customers Do Not Have Kids
“Made Good is not a kid-forward brand. It's an all-family, and 50% of our households actually don't have kids.”
Nima Fotovat Aug 10, 2026 ▶ 33:03 MadeGood: Salma and Nima Fotovat Lost Their First Business. They Grew Their Next One Into a Snack Giant.
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