Milk Bar founder Christina Tosi explains the economics of high-profile brand partnerships, citing their recent Krispy Kreme collaboration.
Insight
Tosi: Founders should delay or avoid institutional capital to retain focus
“You want to take institutional capital as late in the game as possible, if not wait forever, right? Like, challenge yourself to never take it. There's a lot of great things that come from institutional capital, but you're on the record, right? Like, they belie…”
Disclosure
Tosi: Milk Bar's brand presence is intentionally larger than its revenue
“We've intentionally built our brand in a way that's much bigger and broader than what, you know, the top line revenue of our P&L is. Because that's the challenge. It's the challenge for our sales channels to try and catch the size and reach of the brand.”
Insight
Christina Tosi: Crisis Marketing Demands Unproduced, Human Connection Over Polish
“Like, I think we can do better, but in a really funny way, better means more human, and better means less produced, and better means making a commitment to something, to people, to doing something every day, because I think our reality is so shattered, and how…”
Insight
Tosi: Fine dining desserts fail when detached from familiar nostalgic indulgence
“For me, the fine dining part of desserts that I have always struggled to resonate with were the ones that feel like they're so far over your head or they're so luxurious that there's no, like, connection to what your taste buds know to be, like, sweet and guil…”
Assertion Supported
Christina Tosi Claims Nobody Used Cereal Milk in Desserts Before Her
“No one was setting it into a panna cotta, swirling it into a soft serve, or thinking about it, through that lens.”
Insight
Tosi: The world did not need more traditional bakeries
“The world doesn't need more bakeries. We don't need more chocolate chip cookies. We need more of the theory of that, but in a way that like inspires and is sticky and is a place that anyone can come and people can get like, just feel a little seen, get a littl…”