The Story of Ben and Jerry's Ice Cream
TLDR Childhood friends Ben Cohen and Jerry Greenfield founded Ben and Jerry's, an iconic ice cream brand known for its social responsibility. They faced challenges, achieved success, and eventually sold the company to Unilever while striving to maintain their social mission.
Timestamped Summary
00:00
Ben and Jerry's founders Ben Cohen and Jerry Greenfield started as childhood friends who built an iconic ice cream brand with a focus on social responsibility.
05:35
Ben and Jerry grew up in Long Island, went to different colleges, faced rejections, and eventually reunited in New York City to start an ice cream business together.
11:44
Ben and Jerry chose to open an ice cream shop in Burlington, Vermont after considering various locations and deciding to avoid competition in warm college towns.
17:20
Ben and Jerry used a clicker to count passing customers in Burlington, Vermont to determine the ideal location for their ice cream shop, which ended up being a block off the main drag across from City Hall Park.
22:40
Ben Cohen had a poor sense of smell, which led him to focus on the feel of ice cream, resulting in Ben & Jerry's unique chunky ice cream that stood out from competitors.
28:33
Ben and Jerry's opened their first shop in 1978 in Vermont, and in 1981, they were featured in Time Magazine as having the best ice cream in the world, which significantly boosted their recognition.
34:13
Ben and Jerry's struggled with controlling portion sizes in their ice cream shop, leading them to package their ice cream in pints and eventually launch a campaign against Pillsbury's restrictions on distributing their ice cream.
39:42
Ben and Jerry's aimed to use their business to address social issues by implementing policies like limiting the highest paid employee's salary and working with marginalized groups, but eventually, the company was sold to Unilever without their permission.
45:55
Ben and Jerry were opposed to the sale of their company to Unilever because they wanted to maintain the social mission of Ben and Jerry's, but eventually had to go along with it and chose not to remain on the board of the new entity.
51:35
Ben and Jerry reflect on the legacy of their company and the importance of maintaining progressive values.
57:25
David Stover and his friend Ben repurpose discarded fishing nets into skateboard decks, launching a successful company called Borreo.
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Business