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"If you're doing a yogurt startup, do you need a technical cofounder who is an expert in yogurt?" It depends on the category, really. In this case, it's not a
by jonnathanson 15y ago
"If you're doing a yogurt startup, do you need a technical cofounder who is an expert in yogurt?"
It depends on the category, really.
In this case, it's not as if Chobani invented the concept of strained yogurt. Rather, it practiced the time-honored art of geographical arbitrage: it found a product that had a long history of use overseas (Greek-style yogurt), and introduced it to the US in rather auspicious and on-trend times (the low-carb, high-protein craze). That's more a feat of marketing and operations than one of technical prowess or product development.
I'm sure that there were "yogurt experts" on hand to oversee production, ensure the right consistency, flavor, etc. But it doesn't appear as if there were a "yogurt expert" co-founder in this case. I might be wrong.
That's not to say that product wasn't crucial in this case, because it almost certainly was. But I don't think a "yogurt expert" co-founder would have been absolutely necessary, or that a "yogurt expert" presently occupies one of the top executive spots at Chobani the way a product person would at a tech firm.
- e2daipi 15y ago"geographical arbitrage" - Even with the "geographical" modifier, I don't see how it is arbitrage; niche or segmented?