Ep.17 / Jake Bullock, Co-Founder & CEO of Cann
Creating a new way to socialize:
Jake is the Co-Founder & CEO of Cann, the THC-infused social beverage company revolutionizing the way people socialize by providing a range of microdosed beverages that serve as alcohol alternatives made with simple, all-natural ingredients.
Before taking his entrepreneurial leap, Jake was an associate at Bain Capital’s North American Private Equity fund evaluating potential investment opportunities with a specific focus in the consumer space.
Our conversation included:
Disrupting the social beverage monoculture a new alternative to alcohol
The changing ways people are socializing
The challenges of innovating in a regulated market
Using learnings from his private equity background building the Cann brand from the ground up
Prioritizing product quality and a strong design identity
The importance of building a brand for retail vs. ecommerce
Focus on innovation over replication as it’s better to fail with something innovative rather than "boring"
Insights into modern fundraising as a startup founder
Jake was professionally jealous of negative working capital! It’s hard starting a business with inventory, especially a physical business, like a beverage. Next time he jokes that he’ll be a software company founder :)
Check out https://drinkcann.com/
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