← All Episodes
Based on Lenny's Podcast data
Lenny's Knowledge Sketch

Bobbie: From Airbnb to Redefining Infant Formula

Laura Modi
Founder & CEO, Bobbie
2025
The Challenge

Growth That Outpaces Supply

DEMAND VS SUPPLY
"We are depleting inventory far quicker than our ability to replenish and the customers keep coming. We have about six days before we get to a place where we won't be able to serve those who've already made a commitment to Bobbie. We need to turn off our site and stop growing the business."
  • Real growth trap: when demand exceeds supply, you must choose between growth and trust
  • Infant formula is non-negotiable—running out means failing babies and families
  • The inventory crisis required turning OFF growth to honor existing customers
  • Slowth becomes strategy when supply chains can't keep pace
Framework

The Airbnb Lessons Laura Brought Forward

SUPPLY = PRODUCTCULTURE AS CURRENCYLASTING BUSINESS
  • The supply is the product. At Airbnb, hosts were the product. At Bobbie, parents and their trust are the product.
  • Put them first before growth. Growth follows when you optimize for people, not metrics
  • Energy is the currency. Maintaining momentum and morale through crisis is non-negotiable
  • Storytelling moves people. Every update, every internal initiative, needs narrative that connects to why the work matters
The shift at Airbnb

Realized that optimizing for bookings wasn't the goal—putting hosts first made everything work. Same at Bobbie: put parents first, trust follows, growth follows.

Culture infrastructure

At Airbnb, everyone felt personally invested. At Bobbie (fully remote), Laura uses 1-on-1s across functions and personal check-ins to maintain that connection.

Brand Playbook

How Bobbie Built Loyalty During Crisis

  • Brand connects to problems people already have. Parents already feel guilt about formula. Bobbie solved the guilt, not invented a new problem.
  • Don't point fingers at competitors. Never say "breast is worse" or "competitors are bad." Just tell your story.
  • Brand the mundane. Internal processes like "Secret Shopping Program" for regulatory checks feel more real than "legal compliance review"
  • Embrace slowth. During 2022 formula shortage, supply constraints forced Laura to turn off growth. That move built deeper trust than chasing acquisition would have.
The three things keeping parents up at night

Laura's brand strategy: identify the top 3 pain points parents experience (guilt, ingredient concerns, product quality). Build brand messaging and creative only around those. Everything else is noise.

The FDA moment

Early days: FDA shut down Bobbie's warehouse over labeling claims. Laura relabeled everything and spent a year rebuilding trust with regulators. Slowth. But it built unshakeable product credibility.

Founder Playbook

The Risk-Taking Framework

  • Research deeply before leaping. Laura spent months understanding infant formula, the market, and her own financial runway.
  • Conviction is the filter. She had folders of ideas but only pursued Bobbie because she felt unshakeable conviction.
  • Timing meets intention. Luck plays a role, but intention and preparation make you ready when luck appears.
  • Support systems are leverage. Laura credits her EA Kendra as the multiplier that lets her operate at founder + mother scale.
The personal + professional marriageLaura had her first baby when Bobbie launched (DTC 2021). Had two more along the journey. Personal growth and professional growth fueled each other. When one slowed, the other accelerated. Both are needed.
Contrarian

What Bobbie Got Wrong (Then Right)

"Convince people breast is bad"INSTEAD →Amplify the 83% already using formula. Don't argue with ideology. Solve for those who've already decided.
"Run toward growth at all costs"INSTEAD →Turn off growth when supply can't match. In infant formula, breaking a promise is catastrophic. Slowth > growth.
"Formula is just a CPG"INSTEAD →Formula is an identity category. Parents feel guilt + shame. Brand must solve the emotional problem, not just product.
"Disruptors are celebrated"INSTEAD →Regulators resist disruption. FDA shut Bobbie down early. Patient collaboration with agencies beats confrontation every time.
𝕏︎ X / Twitterin LinkedIn📸 Instagram🔗 Copy link
0:00