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  1. How I Built This with Guy Raz
  2. Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants
Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants

Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants

How I Built This with Guy Raz · Aug 17, 2026

How Laura Modi turned personal frustration and an FDA recall into Bobbie, a baby formula startup taking on an entrenched duopoly.

Bobbie Founder Turned an Investor's Insult into a Core Brand Mission

An investor's dismissive comment that women should just breastfeed solidified Bobbie's mission. It revealed the "silent majority" of mothers feeling shame, turning a negative fundraising experience into a powerful brand pillar and motivator.

Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants thumbnail

Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants

How I Built This with Guy Raz·2 days ago

Bobbie Prioritized Culture Over Technical Expertise in Its Cofounder Hire

Resisting investor pressure to hire a scientist, founder Laura Modi chose a cofounder with an HR background. The goal was to build a resilient culture from day one, believing it was more critical than technical expertise for long-term success.

Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants thumbnail

Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants

How I Built This with Guy Raz·2 days ago

Bobbie's Public FDA Recall Attracted Its Most Critical Manufacturing Partner

A seemingly disastrous FDA recall became a pivotal opportunity. The manufacturer who previously declined to work with Bobbie was impressed by how the company handled the crisis—with compliance and transparency—leading to a crucial partnership.

Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants thumbnail

Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants

How I Built This with Guy Raz·2 days ago

A Black Market for European Formula Signaled Bobbie's Untapped Market Demand

Before launching, the founder discovered a thriving black market of US parents importing European baby formula. This unconventional finding served as powerful, real-world validation of deep market dissatisfaction and a clear opportunity for a new product.

Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants thumbnail

Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants

How I Built This with Guy Raz·2 days ago

Bobbie Sacrificed Hypergrowth to Protect Its Existing Subscribers

During a national formula shortage, Bobbie faced skyrocketing demand. Instead of capitalizing on it, they turned off their website to new sales to guarantee supply for existing subscribers, a move that built immense long-term loyalty.

Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants thumbnail

Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants

How I Built This with Guy Raz·2 days ago

An Internal Champion at a Manufacturer Unlocked Bobbie's Key B2B Partnership

Bobbie's manufacturing deal with Perrigo wasn't secured through a formal pitch. An R&D leader inside Perrigo, who had long championed a similar European-style formula, saw Bobbie's product and advocated internally to get the partnership done.

Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants thumbnail

Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants

How I Built This with Guy Raz·2 days ago

Bobbie Used an 18-Month Regulatory Delay to Build Its Founding Community

Facing a long regulatory delay, Bobbie treated the pre-launch period as a strategic opportunity. Instead of waiting passively, they built a blog, became a thought leader, and cultivated a "founding community" that became a key asset at launch.

Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants thumbnail

Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants

How I Built This with Guy Raz·2 days ago

"European Style" Positioning Bypassed Strict Marketing Restrictions

In a regulated industry limiting health claims, Bobbie succeeded with a simple phrase: "European style formula made in America." This resonated with consumers' pre-existing beliefs about higher European standards, communicating quality without making prohibited functional claims.

Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants thumbnail

Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants

How I Built This with Guy Raz·2 days ago

Bobbie's Attempted "Companion Formula" Launch Failed the FDA's "Duck Test"

Bobbie tried to enter the market by positioning its product as a "companion formula" to avoid strict regulations. The FDA quickly shut them down, applying a "duck test" logic: if it looks and acts like infant formula, it will be regulated as such.

Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants thumbnail

Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants

How I Built This with Guy Raz·2 days ago

A Founder's Mindset Shifts from Irish Realism to SF Optimism

Bobbie's founder contrasts Ireland's grounding skepticism ("You're not going to space") with San Francisco's open optimism ("I can get you there"). This environmental shift in mindset was critical for her to believe she could take on a massive industry.

Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants thumbnail

Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants

How I Built This with Guy Raz·2 days ago

Bobbie's Founder Aligned Her Initial Business Plan with Pregnancy Trimesters

To create urgency and structure, founder Laura Modi mapped her early business milestones to her pregnancy trimesters. This personal deadline forced rapid execution and fundraising, creating a non-negotiable timeline for the company's critical first steps.

Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants thumbnail

Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants

How I Built This with Guy Raz·2 days ago