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Paul Voge (Aura Bora) - Why he decided to found a sparkling water company with weird flavors, How he entered retail during COVID, and What perception he would change when founding a CPG business

Paul Voge (Aura Bora) - Why he decided to found a sparkling water company with weird flavors, How he entered retail during COVID, and What perception…

FromThe Consumer VC: Venture Capital I B2C Startups I Commerce | Early-Stage Investing I Brands


Paul Voge (Aura Bora) - Why he decided to found a sparkling water company with weird flavors, How he entered retail during COVID, and What perception…

FromThe Consumer VC: Venture Capital I B2C Startups I Commerce | Early-Stage Investing I Brands

ratings:
Length:
36 minutes
Released:
Jun 14, 2022
Format:
Podcast episode

Description

Our guest today is Paul Voge, one of the founders and CEO of Aura Bora. Aura Bora is sparkling water made from real herbs, fruits, and flowers for earthly tastes and heavenly feelings. The flavors are definitely one of kind and different like Lavender Cucumber, Cactus Rose, Peppermint Watermelon. I was skeptical at first but when I tried it, I must say I LOVED it. My personal favorite is lemongrass coconut. Paul has a pretty fascinating story about how he started and his approach to building a sparkling water company with out-there wacky flavors that are delicious.
How would you define your relationship with Sparkling water before you started a sparkling water company?
Did you always want to be an entrepreneur?
What was the “aha” moment?
What was the first flavor you LOVED that you felt you perfected?
How did you think about different flavor profiles/expanding SKUsI had Seth on last week

How did you think about experimenting with flavors? Was this something you did yourself, did you hire/partner with a food/drink scientist?
You didn’t have any experience within CPG. How did you go about building your network?
Why invest in beverage brands?
What was the hardest part fundraising?
How do you think about ads?
When did you feel like you were on to something?
At what point did you quit your job?
What was your distribution strategy? Was it to start DTC and then go into retail or go into retail from the getgo?
How did you get into Whole Foods?
Why did you move from Boulder to San Francisco?
What were some of the things you had to pick up on quickly since you didn’t come from CPG prior to starting Aura Bora?How much should you spend in tradespend?

You were in SKUs accelerator, what was so valuable about that experience?
It’s March 2020. COVID happens and your cranking, trying to get into stores. Walk us through what’s happening during that time?How did you approach developing relationships with stores during that period?
How did COVID change your distribution approach?

We talk to a number of CPG retail investors on this show that emphasize it’s all about velocity rather than the total number of stores you’re in. What’s good velocity to you? How do you measure success?
Why did you decide to go on Shark Tank? What was that experience like?Was the intent always to take a deal no matter what?

What was your approach to raising a fundraising round?
How do you think about SKUs and flavor approach today? What’s the strategy?
What’s one thing that you’ve been surprised in the consumer response - could be positive or negative. Negative could be more interesting.
What’s one book that has inspired you personally and one book that inspired you professionally?Seth Goldman - Mission in a Bottle
Mark Rompolla - Build Something Great
The Last Lecture

What’s the best piece of advice that you’ve received?Amateurs talk strategy, experts talk logistics

What’s one thing you would change about the CPG industry?
Released:
Jun 14, 2022
Format:
Podcast episode

Titles in the series (100)

The Consumer VC takes a look into early-stage consumer investing and venture capital. If you are interested in learning about consumer trends, have a b2c business and interested in learning about the fundraising process at the early stage, you have come to the right place.Mike interviews some of the top venture capitalists in the world that focus on B2C and consumer type companies or have a deep track record investing in these categories such as marketplaces, SaaS, social, CPG and non-tech subscription.Mike also interviews founders that are building some of the most disruptive consumer facing companies in the world. The conversation usually includes the insight the founder discovered, fundraising strategy, and the pitch.This podcast also includes bonus episodes. Each bonus episode dives into a particular subject that might not have to due with the fundraise or venture capital, but still would be helpful to founders. For example, a bonus episode on brand strategy or how to construct a board of directors. All bonus episodes will be clearly labeled.For all episodes, please visit www.theconsumervc.com. For updates, you can follow @mikegelb on Twitter.