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David Brown

πŸ‘€ Speaker
3215 total appearances
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Appearances Over Time

Podcast Appearances

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

The U.S.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

yogurt market is worth $2.9 billion a year.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

Greek yogurt probably accounts for less than half a percent of that.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

The Greek brand Faye is importing its products, but sales are low.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

The name is hard to pronounce for many people, and the price is high.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

To Ulukaya, that spells untapped opportunity.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

In fact, he's sure that Americans will love Greek yogurt.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

If they try it.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

With his factory now painted and cleaned, Ulukaya's focus shifts to the recipe.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

He knows he only has one shot at this.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

Money's too tight for his company to survive a failure.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

His Greek yogurt has to be perfect.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

He wants it to be as good as the yogurt his mother used to make back in Turkey, the best yogurt he's ever tasted.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

But making a great Greek yogurt at scale is no small feat.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

His yogurt will contain live bacterial cultures, which means it's not a static product.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

What might taste perfect initially can taste terrible a few weeks later.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

Ulukaya and his yogurt master, Doan, want their product to hold its taste for six weeks.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

And it takes them a year of testing cultures to find the right one.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

During that time, Ulukaya interviews shoppers and learns that many of them are mixing fruit into plain, nonfat Greek yogurt themselves.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

They want nonfat, but they also want fruit.