Mar 17th, 2022 |
43:09
Can Farmers Use Tech to Take on Big Ag Companies?
Farmer's Business Network is one of the seminal disruptors in agriculture. Founded in 2014 by Charles Baron and Amol Deshpande, FBN's crowdsourced platform has challenged Big Ag companies - conglomerates which sell inputs like seed, fertilizer, and chemicals to farmers - by shedding light on price disparities and lack of transparency in the industry. Today, FBN is valued at more than $4 billion, and backed by Fidelity, T. Rowe Price, and ADM, among others. Charles Baron tells us how the seeds of FBN were planted the first time he visited a farm, when he was in his 20's.