Laura Modi
Founder & CEO at Bobbie
Laura Modi is the founder and CEO of Bobbie, the first female-founded organic infant formula company in the US, and former Director of Hospitality at Airbnb.
Dimension Profile
Key Themes
Episode Summary
Laura Modi shares the story of founding Bobbie, an organic infant formula company disrupting a 40-year-old duopoly, and the gut-wrenching decision to shut down her website during the formula shortage to protect existing customers. She draws on lessons from Airbnb about culture-building, storytelling, and putting users first.
Leadership Principles
- → Put existing customers first, even if it means turning off growth
- → Personal connections within teams are imperative for building a lasting business
- → You can't take a big leap without first taking a major risk
Notable Quotes
"We need to turn off our site and stop growing the business."
— Her head of growth's recommendation during the formula shortage crisis to protect existing subscribers
"I feel like we have failed to breastfeed. And the alternative is that I need to give her a medical solution to survive, which it's milk."
— Describing the personal experience that led her to found Bobbie and challenge the stigma around formula
"Energy at Airbnb was the currency. Unless you had that energy, nothing was happening."
— Reflecting on what she learned about culture-building at Airbnb and brought to Bobbie
Want to know how you compare?
Take the Assessment