The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: The $BN Greenoaks Backed Protein Bar | Hitting $100M Revenues in David's First Year: Lessons & Mistakes | $0 to $600M: The Untold RXBAR Story | Product-Market-Fit, Pricing, Branding: What Every Founder Gets Wrong Today with Peter Rahal

316 snips
Aug 8, 2025
Peter Rahal, Co-Founder & CEO of David Protein and RXBAR, shares his journey from a basement startup to a $600 million sale. He discusses the crucial advice from his father that shaped his success and why early fundraising could have hindered RXBAR. Peter dives into branding strategies, consumer dynamics, and the impactful marketing stunt around boiled cod. He also reflects on the hidden costs of success and his ambitious $10 billion vision for David, aiming to build a portfolio that resonates with health-conscious consumers.
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ANECDOTE

Dad's Brutal Startup Advice

  • Peter Rahal ignored early investor meetings to focus on making and selling actual bars.
  • His dad advised him to "shut the fuck up and sell a thousand bars," emphasizing product over pitching.
ANECDOTE

First RXBAR Sales Story

  • The first B2C sale was Peter's partner selling bars at his office.
  • The first B2B sale placed RXBAR in a CrossFit gym where 24 bars sold out in two hours.
ADVICE

Filter Early Customer Feedback

  • Target early adopters who truly appreciate your product for relevant feedback.
  • Filter feedback carefully to avoid confusion from non-core audiences.
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