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When things don't go as planned. Shuttering AKUA. Courtney Boyd Rey
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Happy Planet Wednesday!
I was tempted to call this week’s episode “Unhappy Planet” because in it we grapple with what happens when your startup doesn’t go as planned.
When I learned that Courtney Boyd Rey shuttered her seaweed startup AKUA, I reached out to see if she would come on the podcast. Given that over 90% of startups fail, and even 75% of those backed by venture capital do as well, I wanted to address the issue head on.
By many measures AKUA was a great success. They wer, a pioneer in their field. They achieved 600K in annual revenue. And they raised over 5$M in investment. Courtney fell from a pretty high bar.
I wasn’t sure what to expect from her on our call. What I found was a light and peaceful woman who is holding fast to her mission to help the planet.
Listen on Apple , Spotify, our website, or pretty much anywhere you listen to podcasts!
Thank you to our sponsors.
Gulf of Maine Research Institute and Bold Ocean Ventures have partnered to create a mission-driven venture capital fund, supporting the growth of innovative, sustainable ocean-related businesses.
Startup Marin Skincare has rocketed thanks to products made with Maine-lobster-derived glycoprotein that work on eczema and dry skin. Former guest on our show and co-Founder Patrick Breeding is offering listeners a 20% discount on their skincare products. Type HAPPYPLANET into the coupon code field!
Spark No. 9, ensures that companies - and startups - have successful product launches by testing their products online. Remove the guesswork before you launch!
Listen on Apple , Spotify, our website, or pretty much anywhere you listen to podcasts!
I'd like to thank our sponsors:
Gulf of Maine Research Institute and Bold Ocean Ventures have partnered to create a mission-driven venture capital fund, supporting the growth of innovative, sustainable ocean-related businesses.
Startup Marin Skincare has rocketed thanks to products made with Maine-lobster-derived glycoprotein that work on eczema and dry skin. Former guest on our show and co-Founder Patrick Breeding is offering listeners a 20% discount on their skincare products. Type HAPPYPLANET into the coupon code field!
Spark No. 9, ensures that companies - and startups - have successful product launches by testing their products online. Remove the guesswork before you launch!
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