Gwen Whiting
๐ค SpeakerAppearances Over Time
Podcast Appearances
You know, the Unilever family and like drinking the Kool-Aid.
And I always believed that my brand acquire or ideal like date for the prom was seventh generation.
I thought we shared, we shared a value system.
And I was just the prestige version in a shared ecological product value system.
So then when Seventh Generation was acquired by Unilever about three years before us, I was like, OK, like they care.
And so that started the discussion.
But the negotiation went on for like 13 months.
It was quite disastrous.
Their first offer was like a joke.
And the response was like, this is a joke, correct?
You know, like we are a incredibly profitable business and there was no value in our valuation to them of being profitable, right?
And I was like, you just paid this like stupid ketchup company who's not even profitable like this amount.
Like, are you kidding me?
Like we're a perfect, pristine, clean, profitable business.
Like where's the value in that?
And they're like, oh, we had to pay that investor guy and like the Belgians and like they were jerks.
And I was like, oh, I'm sorry, because we don't have a pool of investors.
So you think you can like get off cheap over here?
Did you think about saying no?
I did say no.