Cover art for How I Built This with Guy Raz

Bobbie: Laura Modi. How a Baby Formula Startup Took Market Share From Two Industry Giants

How I Built This with Guy Raz

Published
August 17, 2026
Duration
1h 19m
Summary source
description
Last updated
Aug 17, 2026

Discusses Laura Modi set out to build a better infant formula. What followed was years of setbacks: a cripplin…

Summary

Laura Modi set out to build a better infant formula. What followed was years of setbacks: a crippling dispute with the FDA, a frustrating search for a manufacturer, and the constant fear that the company would run out of money before it reached customers.But today, Bobbie generates over $100 million a year and has captured nearly 4% of the U.S. infant for…

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Show notes

Laura Modi set out to build a better infant formula. What followed was years of setbacks: a crippling dispute with the FDA, a frustrating search for a manufacturer, and the constant fear that the company would run out of money before it reached customers.But today, Bobbie generates over $100 million a year and has captured nearly 4% of the U.S. infant formula market by challenging one of the most protected industries in America.In this conversation, Laura explains how she made it through—and why