#0215 - Rosa Li - Wild Wonder (as seen on Shark Tank 🦈)
The kombucha category grew from $1 million in sales in 2014 to $1.8 billion in 2019. Between being positioned as a better-for-you soda alternative, and the large marketing spend, it’s no wonder kombucha quickly skyrocketed in popularity. But the problem with kombucha is that the flavor is polarizing. For example, Mark Cuban is simply not a fan. To fill this gap, other probiotic drinks fought to capture market share. When today’s guest, Rosa Li, founder of wildwonder, appeared on Shark Tank, the big fruit flavors combined with the pre and probiotics, packed into a can, was a hit. Kombucha skeptic Mark Cuban gulped down the entire drink. Wildwonder is the world’s first sparkling prebiotic & probiotic beverage for gut health. It tastes more like a fresh juice than a fermented drink. Today, we chat with Rosa about:
🦈 Why she left her prestigious finance job to start a consumer packaged good company
🦈 The importance of diversifying everything
🦈 How her Shark Tank appearance couldn’t have worked out more perfectly