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Gwen Whiting

๐Ÿ‘ค Speaker
487 total appearances

Appearances Over Time

Podcast Appearances

Money Rehab with Nicole Lapin
A Multimillion Dollar Deal, a Product Recall and a New Chapter: Gwen Whiting on the Good, the Bad and the Ugly of Acquisitions

So they're like, we don't care.

Money Rehab with Nicole Lapin
A Multimillion Dollar Deal, a Product Recall and a New Chapter: Gwen Whiting on the Good, the Bad and the Ugly of Acquisitions

We're getting rid of this entire division anyway.

Money Rehab with Nicole Lapin
A Multimillion Dollar Deal, a Product Recall and a New Chapter: Gwen Whiting on the Good, the Bad and the Ugly of Acquisitions

And I don't know where that plays in, but if their deal wasn't transferable, I don't know.

Money Rehab with Nicole Lapin
A Multimillion Dollar Deal, a Product Recall and a New Chapter: Gwen Whiting on the Good, the Bad and the Ugly of Acquisitions

They had autonomy for a very, very, very long time, which is incredibly impressive.

Money Rehab with Nicole Lapin
A Multimillion Dollar Deal, a Product Recall and a New Chapter: Gwen Whiting on the Good, the Bad and the Ugly of Acquisitions

And Seventh Generation did too.

Money Rehab with Nicole Lapin
A Multimillion Dollar Deal, a Product Recall and a New Chapter: Gwen Whiting on the Good, the Bad and the Ugly of Acquisitions

They had really built in structures in the deal of commitments to sustainability, commitments that they were able to get.

Money Rehab with Nicole Lapin
A Multimillion Dollar Deal, a Product Recall and a New Chapter: Gwen Whiting on the Good, the Bad and the Ugly of Acquisitions

The difference with Ben and Jerry is that they still care and they're still around and still fighting for

Money Rehab with Nicole Lapin
A Multimillion Dollar Deal, a Product Recall and a New Chapter: Gwen Whiting on the Good, the Bad and the Ugly of Acquisitions

Whereas seventh generation, I was there when like things were loosening up and the stakeholders were finally leaving who did care and the Unilever sheep were moving in.

Money Rehab with Nicole Lapin
A Multimillion Dollar Deal, a Product Recall and a New Chapter: Gwen Whiting on the Good, the Bad and the Ugly of Acquisitions

So like that's the sort of progression of what I witnessed.

Money Rehab with Nicole Lapin
A Multimillion Dollar Deal, a Product Recall and a New Chapter: Gwen Whiting on the Good, the Bad and the Ugly of Acquisitions

It's nice and sexy to market it that way, but it doesn't help anyone if everyone just believes that and isn't going in full awareness of...

Money Rehab with Nicole Lapin
A Multimillion Dollar Deal, a Product Recall and a New Chapter: Gwen Whiting on the Good, the Bad and the Ugly of Acquisitions

yeah, scrappy startups, not so sexy.

Money Rehab with Nicole Lapin
A Multimillion Dollar Deal, a Product Recall and a New Chapter: Gwen Whiting on the Good, the Bad and the Ugly of Acquisitions

The other thing that's not sexy is when you overfund and you over-raise and you have like such low percentage that you would have been better off sticking in your corporate job financially after 13 years of like killing yourself with a startup, you know, like that's not cool, but no one's sharing those stories.

Money Rehab with Nicole Lapin
A Multimillion Dollar Deal, a Product Recall and a New Chapter: Gwen Whiting on the Good, the Bad and the Ugly of Acquisitions

Um,

Money Rehab with Nicole Lapin
A Multimillion Dollar Deal, a Product Recall and a New Chapter: Gwen Whiting on the Good, the Bad and the Ugly of Acquisitions

about this as one of our most popular because there's so little discussed about this idea of equity like within a private company and how it could be dog shit yeah nothing yeah I mean nothing so that's not sexy either but it is important for me to to share all you know my learnings and the reality and hopefully educate people and so that they can be informed to make their own

Money Rehab with Nicole Lapin
A Multimillion Dollar Deal, a Product Recall and a New Chapter: Gwen Whiting on the Good, the Bad and the Ugly of Acquisitions

decisions that work for them and just understand the implications of taking money, understand the implications of exiting.

Money Rehab with Nicole Lapin
A Multimillion Dollar Deal, a Product Recall and a New Chapter: Gwen Whiting on the Good, the Bad and the Ugly of Acquisitions

I wish I knew more.

Money Rehab with Nicole Lapin
A Multimillion Dollar Deal, a Product Recall and a New Chapter: Gwen Whiting on the Good, the Bad and the Ugly of Acquisitions

I mean, sometimes it can be amazing, but sometimes it's not.

Money Rehab with Nicole Lapin
A Multimillion Dollar Deal, a Product Recall and a New Chapter: Gwen Whiting on the Good, the Bad and the Ugly of Acquisitions

And I think that my advice is just be prepared for the worst case scenario.

Money Rehab with Nicole Lapin
A Multimillion Dollar Deal, a Product Recall and a New Chapter: Gwen Whiting on the Good, the Bad and the Ugly of Acquisitions

Yeah, it was like I never was officially excused.

Money Rehab with Nicole Lapin
A Multimillion Dollar Deal, a Product Recall and a New Chapter: Gwen Whiting on the Good, the Bad and the Ugly of Acquisitions

So there was no nice handoff.