Assertion Supported AI assessment confidence: 85% certainty 4/5 debate potential 1/5

Harrington: Yasso hit profitability in 2015 and partnered with Castanea Partners in 2017

Drew Harrington · Yasso: Amanda Klane and Drew Harrington · Sep 25, 2023 · at 1:07:30

Drew Harrington is the co-founder of frozen Greek yogurt brand Yasso, recounting the company's financial milestones and private equity transition.

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“When we got to a certain point around that breakeven year of profitability in 2015, we started to look more seriously in 16 as who could be a longer term partner. And in 17, we built a great relationship with a private equity firm, and we partnered with them at the end of that quarter. Cass and A are partners based here in Boston.”

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More from Drew Harrington

Disclosure
Harrington: Yasso blamed TSA for missing strawberry samples during retail pitches
“So we would tell a few white lies where one of the hard things about frozen food is you're always handling dry ice, and early on we realized that the TSA would confiscate Our dry ice. And when we realized strawberry wasn't as great tasting, we'd kind of show t…”
Drew Harrington Sep 25, 2023 ▶ 41:42 Yasso: Amanda Klane and Drew Harrington
Insight
Harrington: Ice cream alternatives require indulgence like cookie dough or chocolate chips
“Something that we believe wholeheartedly now and we didn't know when we launched is that to be an ice cream You have to have some indulgence. You have to have some chocolate chips or cookie dough. And once we unlocked that, we unlocked tremendous flavor.”
Drew Harrington Sep 25, 2023 ▶ 42:51 Yasso: Amanda Klane and Drew Harrington
Disclosure
Harrington: Poolside Pong hit roughly $1M in revenue by years two and three
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Drew Harrington Sep 25, 2023 ▶ 12:57 Yasso: Amanda Klane and Drew Harrington
Assertion Partly supported
Harrington: Ice cream retail category reviews happen only once a year in fall
“Those meetings for the ice cream category happen once a year, and they happen September through November or early December”
Drew Harrington Sep 25, 2023 ▶ 35:07 Yasso: Amanda Klane and Drew Harrington
Assertion Not checkable as stated
Harrington: Yasso Scaled to $18M on Gross Margins in the Teens
“No, with a gross margin in the teens.”
Drew Harrington Sep 25, 2023 ▶ 56:27 Yasso: Amanda Klane and Drew Harrington
Disclosure
Harrington: Early Yasso manufacturing required hand-spatulaing 32-ounce retail yogurt tubs
“The first bottleneck we really experienced was they were legitimately shipping in 32 ounce containers, and there was a laborer on the line that would spatula out the Greek yogurt out of a 32 ounce container, which is what, you know, a family probably consumes …”
Drew Harrington Sep 25, 2023 ▶ 58:11 Yasso: Amanda Klane and Drew Harrington
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