In this conversation, Eduardo Burg, founder of COA & Co, shares his journey of reimagining chocolate as a healthy snack. Leveraging on his decades long experience in the CPG industry, he provides valuable insights on product development, co-manufacturing, product validation, and fundraising.
Chapters:
(00:00) Precap
(01:43) Introduction to COA
(07:44) Reimagining Chocolate's Healthful Origins
(10:33) Innovative Snacking Formats and Ingredients
(13:40) From Ideation to Product Development
(17:45) The Science of Fermentation and Protein Quality
(19:47) Commercialization and Production Challenges
(22:38) Finding the Right Manufacturing Partner
(25:50) Funding the Venture: Bootstrapping and Angel Investors
(28:52) Navigating the Fundraising Landscape
(33:42) Navigating the Current CPG Landscape
(35:49) Go-to-Market Strategies for CPG Brands
(44:34) Understanding Product-Market Fit
(53:01) Managing Cash Flow in CPG Startups
(58:04) The Corporate vs. Startup Experience