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Social Currency with Sammi Cohen

Social Currency with Sammi Cohen

Von: Social Currency
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 On Social Currency, Sammi Cohen unpacks the stories that are shaping business, culture and the intersection of the two. From boardrooms to Instagram trends, Sammi speaks with business leaders to connect the dots between brand, consumer and influence, so you don’t just keep up—you get ahead. New episodes drop every Tuesday and Friday. Follow now to stay in the know. Want more? Find Sammi on Instagram @sammicohentalks.Social Currency Ökonomie
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  • Is This the Starbucks Comeback?

    Is This the Starbucks Comeback?
    Feb 20 2026
    Starbucks didn’t lose to a cooler coffee chain. It lost to itself. Today, Sammi unpacks how one of the most dominant brands in modern retail engineered its own slide and what new CEO Brian Niccol is doing to fix it. From nixing pickup-only stores and cutting a quarter of the menu to investing $150K per location and betting on traffic before margins, Starbucks is attempting something rare: looking backwards to move forward. Sammi breaks down the latest numbers showing U.S. traffic rising for the first time in nearly two years, the massive menu and bakery overhaul, the revamped Rewards program, and the viral Bearista cups that reveal a deeper cultural strategy. Then, she shares what entrepreneurs can take away from the Starbucks turnaround — and why this comeback proves that even iconic brands don’t need reinvention, they need ruthless clarity about who they are and the discipline to execute on it. Follow Sammi Cohen on Instagram Subscribe to the Social Currency newsletter Here’s what Sammi covers today: 00:00 The “Third Place” Promise — and the Self-Sabotage 01:30 From 17 Stores to a $78B Empire 02:33 When the App Took Over 03:28 Strikes, Boycotts & Inflation 04:42 The Cooler, Cheaper Competition 05:27 The Chipotle Fixer Enters 06:36 Traffic Is Finally Up 07:39 Cut the Menu, Then Rebuild It 08:58 Viral Merch and the Gen Z Play 09:54 The Founder Rule: Subtract First 11:12 How to Show Social Currency Some Love Learn more about your ad choices. Visit megaphone.fm/adchoices
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    13 Min.
  • Gregg Renfrew (Counter) on the $1B Beautycounter Acquisition, Getting Pushed Out of Her Company, and Starting New

    Gregg Renfrew (Counter) on the $1B Beautycounter Acquisition, Getting Pushed Out of Her Company, and Starting New
    Feb 17 2026
    Gregg Renfrew didn’t just build a beauty brand; she helped create an entire category. Long before “clean beauty” became a marketing buzzword, Gregg was lobbying Congress, reformulating products, and turning a mission-driven idea into Beautycounter, a billion-dollar company acquired by private equity. But the story didn’t end with the sale. Months after the $1B deal closed, Gregg was pushed out of the company she founded. What followed was a cascade of leadership changes, falling sales, and one of the most dramatic founder reversals in modern consumer business. In this episode, Gregg tells Sammi the full story—what founders misunderstand about selling, how investor dynamics really work behind the scenes, and what it feels like to watch your life’s work unravel from the outside. Then she shares the unexpected next chapter: the 48-hour scramble to buy the company out of foreclosure, the painful shutdown year that followed, and the decision to rebuild under a new name, Counter. Plus, Gregg opens up about walking away from private equity (for now), what she’s learned about resilience and second chances, and why starting over after a very public fall can become the most powerful chapter of all. Follow Sammi Cohen on Instagram Subscribe to the Social Currency newsletter Follow Counter 00:00 Gregg Renfrew’s Social Currency 00:57 The Beautycounter Origin Story 02:32 Early Entrepreneurial Lessons 04:19 Inside Martha Stewart Living 08:22 Getting Fired and Starting Again 11:04 Why Clean Beauty Mattered 14:58 Building the First Products 18:56 Lobbying for Industry Reform 21:02 The Problem With “Clean” 27:24 The Sales Model Explained 35:25 Community, Women, and Work 38:35 The $1B Deal 39:31 Why Founders Sell 41:04 Investor Power Dynamics 44:15 Private Equity Reality Check 46:04 Post-Sale Fallout 47:32 Getting Pushed Out 48:52 Watching the Decline 50:28 The Brief Return 53:09 Buying It Back 55:55 The Shutdown Year 58:18 Rebuilding as Counter 01:00:51 Advice for Starting Over 01:04:42 No More Private Equity 01:10:08 Industry Shakeups 01:12:12 Social Currency Corner Learn more about your ad choices. Visit megaphone.fm/adchoices
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    1 Std. und 20 Min.
  • How Pat McGrath’s $1B Beauty Empire Ended in Bankruptcy

    How Pat McGrath’s $1B Beauty Empire Ended in Bankruptcy
    Feb 13 2026
    When the most legendary makeup artist in the world, Pat McGrath, finally launched her own beauty brand, her hero product sold out in minutes. Within three years, Pat McGrath Labs was valued at $1 billion. Today, it’s in bankruptcy court. Today, Sammi dives into the dramatic rise and unraveling of Pat McGrath Labs. Valued at roughly 25 times revenue, the brand was suddenly operating under hypergrowth expectations that clashed with its luxury positioning and deliberately controlled expansion. As sales slowed, distribution widened, and investor pressure intensified, what began as a cash flow squeeze spiraled into something much bigger. Sammi breaks down the aggressive private equity deal that set the tone, the strategic tension between artistry and scale, and the $17.5 million bridge loan that ballooned into a $43 million claim—ultimately triggering a last-minute Chapter 11 filing to stop a forced auction. It’s a case study in valuation psychology, capital structure, and what happens when the wrong money meets the right founder at exactly the wrong time. Follow Sammi Cohen on Instagram Subscribe to the Social Currency newsletter 00:00 The Rise of Pat McGrath Labs 02:51 The Billion Dollar Valuation Problem 04:17 The Sales Strategy Challenges 08:00 The Predatory Loan 08:59 The Bankruptcy Filing 10:26 Lessons and Cautionary Tale 13:10 Pat McGrath’s Personal Liability 15:29 Takeaways From Pat McGrath Labs 16:22 How to Show Social Currency Some Love Learn more about your ad choices. Visit megaphone.fm/adchoices
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    18 Min.
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