FAILDEX失樂園
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Hampton Creek / JUST

The business, the turning points, and the decisions behind them.

Founded2011
Event year2017
FundingUS$220M
ValuationUS$1.1B
Some sections are still being researched2 / 4

Sections to complete:02 · 05

01 / WHAT IT BUILT

What the company did

Hampton Creek, founded in San Francisco in 2011 by Josh Tetrick and Josh Balk, was a plant-based food technology company best known for Just Mayo. Using lab analysis of plant proteins, it built a product line of plant-based mayonnaise, cookies, cookie dough and salad dressings that reached over 100,000 retail and food-service distribution points, plus 3,300 K12 schools and 500+ universities. It raised more than $220 million, became a unicorn in 2016, and later rebranded to Eat Just (legal name changed in 2018), moving into cultured meat and the mung-bean-based Just Egg.

02 / FAILURE REASONS

Pending assessment

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03 / EVENT HISTORY

Events in the structured record

  1. Founded

    Josh Tetrick and Josh Balk founded Hampton Creek in San Francisco as a plant-based food technology company.

  2. Unicorn

    Hampton Creek raised another round from investors, becoming a unicorn with a valuation over $1 billion.

  3. Crisis year

    Target pulled all 20 Hampton Creek products over anonymous food-safety allegations; the FDA investigated and closed the matter with no findings, but Target ended the relationship; most of the board was replaced amid disputes with the CEO.

  4. Rebranded

    The company's legal name was changed to Eat Just, shifting focus to the Just brand, Just Egg and cultured meat.

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

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Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN / AFTERMATH

Pending assessment

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