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  1. Masters of Scale
  2. How to sell a billion dollars of snacks, with the founders of Chomps
How to sell a billion dollars of snacks, with the founders of Chomps

How to sell a billion dollars of snacks, with the founders of Chomps

Masters of Scale · Oct 2, 2025

How Chomps bootstrapped to $1B. Co-founders discuss controlled growth, unit economics, and their transformative partnership with Trader Joe's.

Listen to All Advice, But Filter It Through Your Own Brand's Lens

Chomps' founders learned not to blindly copy the strategies of successful brands. They advise founders to gather wide-ranging feedback but to ultimately analyze it through their own company's unique context, as what works for one brand is not a guarantee of success for another.

How to sell a billion dollars of snacks, with the founders of Chomps thumbnail

How to sell a billion dollars of snacks, with the founders of Chomps

Masters of Scale·5 months ago

Chomps Throttled Growth to Avoid Outside Capital and Maintain Control

Instead of chasing massive, immediate growth, Chomps' founders focused on a sustainable, self-funded model. This gradual scaling allowed them to control their destiny, prove their model, and avoid the pressures of early-stage investors, which had burned one founder before.

How to sell a billion dollars of snacks, with the founders of Chomps thumbnail

How to sell a billion dollars of snacks, with the founders of Chomps

Masters of Scale·5 months ago

Chomps Funded a 10x Growth Spurt With Debt to Avoid Equity Dilution

A massive purchase order from Trader Joe's created a $1M funding gap. Instead of selling equity at an early stage, the founders secured debt from friends and family, backed by the PO and personal guarantees. This preserved their ownership while fueling a pivotal 10x growth moment.

How to sell a billion dollars of snacks, with the founders of Chomps thumbnail

How to sell a billion dollars of snacks, with the founders of Chomps

Masters of Scale·5 months ago

Chomps Rebranded After Data Showed Its Core Customer Was Female, Not Male

The meat snack category is traditionally masculine. Chomps followed suit until data revealed their "healthy achiever" customer was predominantly female. This insight prompted a total rebrand, shifting from a generic "cow brand" logo to a more fun, approachable identity that resonated and unlocked growth.

How to sell a billion dollars of snacks, with the founders of Chomps thumbnail

How to sell a billion dollars of snacks, with the founders of Chomps

Masters of Scale·5 months ago

Trader Joe's Unique Retail Model Provided Chomps a 'Training Wheels' Launch

Chomps' first major retail partner, Trader Joe's, operates uniquely by handling all in-store marketing and merchandising. This simplicity allowed the two-person founding team to scale into retail without needing a massive operations team, de-risking a critical growth phase.

How to sell a billion dollars of snacks, with the founders of Chomps thumbnail

How to sell a billion dollars of snacks, with the founders of Chomps

Masters of Scale·5 months ago

Chomps Co-Founder Framed His Startup as a 'Living Case Study' MBA

Co-founder Rashid Ali, feeling family pressure for not having a master's degree, reframed his entrepreneurial journey. He treated building Chomps as a practical, hands-on business education, ultimately proving its value over a traditional MBA by building a billion-dollar brand.

How to sell a billion dollars of snacks, with the founders of Chomps thumbnail

How to sell a billion dollars of snacks, with the founders of Chomps

Masters of Scale·5 months ago

Chomps Vetted PE Investors by Interviewing Founders from Their Failed Deals

To truly understand a potential financial partner, the Chomps team went beyond the supplied references. They found a founder whose company didn't succeed under the PE firm's investment. His positive review of the partner's character, despite the negative outcome, provided the most powerful signal of trust.

How to sell a billion dollars of snacks, with the founders of Chomps thumbnail

How to sell a billion dollars of snacks, with the founders of Chomps

Masters of Scale·5 months ago