STACKED with Emily Dempsey
Welcome back to STACKED, the show about becoming your own best asset. In this week’s live filming at our STACKED IRL event Emily goes from banking to beauty empire with Divya Gugnani, serial founder, investor, and mentor behind five companies, three exits, and one of the most honest founder stories you will hear this year. She started at Goldman Sachs from Cornell without being on their recruit list, moved into private equity and venture, backing Shopify and Pinterest before most people knew what either of them were and eventually became the accidental entrepreneur who built Wander Beauty with a supermodel she met at a party, grew it to 40+ awards and global distribution, and sold it. Her latest venture is 5 SENS, a fragrance brand built entirely around mood. This is the founder playbook in real life! The good decisions, the ones she'd take back, and the frameworks she actually uses. Key Topics Covered * From Cornell to Goldman without being on their recruit list * Why she took the lowest-paying offer of the five she had * The lesson from Goldman she built every company around * Why the best founders never planned to be founders * The 100-woman survey that built Wander Beauty * The gold under-eye patches — born in Korea, rejected by Sephora, tens of millions in sales * Staying close to the customer no matter how big you get * The mindset shift that happened by company three * Early investor in Shopify and Pinterest — why it's always the people * AI as co-founder copilot for 5 SENS brand voice * How to pick a co-founder and what makes the partnership last * The New York to Tokyo hiring test * The bad hire, the apology, and how fast culture changed * The double standard that calls confident women aggressive * Imposter syndrome and putting the customer before the personal brand * Lightning round: D2C, hero SKUs, creator seeding, raise prices or shrink the pack Timestamps 00:00 — Welcome + introducing Divya Gugnani 01:33 — Childhood: Springfield to New York, shy Indian girl, parents between Delhi and New York 02:18 — Cornell, government & economics, nearly became a lawyer 03:02 — Landing Goldman: 4 offers, 24 Saturday interviews, lowest-paying, and why she took it 04:32 — There's no 'I' in Goldman — the lesson behind every company name 05:00 — Investcorp → FirstMark → accidental entrepreneur 06:14 — The best businesses come from personal problems 07:36 — Wander Beauty: the 100-woman survey aged 18 to 72 10:12 — The gold under-eye patches — coffee for your face 13:36 — Sephora said no. She said yes. Tens of millions followed. 15:51 — Building vs. backing: the operator-to-investor mindset shift 17:06 — Company three unlock: hire the best, get out of their way 18:08 — Early Shopify and Pinterest investor 19:17 — Training AI on 5 SENS brand voice 20:21 — Co-founder framework: complementary skills, clear lanes, trust 21:00 — Meeting Lindsay Ellingson at a party, 10 years together 22:51 — Two ears, one mouth — the leadership rule from her mom 24:06 — Hire slowly, fire quickly 28:07 — The assumptions people still make about women founders 31:13 — Imposter syndrome, community over personal brand, lightning round NEW EPISODES EVERY TUESDAY AT 7AM EST. Subscribe so you never miss one. Tags Divya Gugnani, Wander Beauty, 5 SENS, Concept2Co, serial founder, beauty entrepreneur, Goldman Sachs, Cornell, women founders, startup advice, co-founder advice, D2C beauty, first 100 customers, pricing strategy, STACKED podcast, Brickell Babes, female founders, imposter syndrome, women in business, how to build a brand Disclaimer Disclaimer. The content shared on this page should not be construed as legal, financial, investment, or medical advice. Your viewing and/or use of this information does not create any kind of client, patient, or fiduciary relationship with us. The contents are intended for general informational purposes only, and you are urged to consult your own advisors or medical professional concerning your situation and specific questions you may have.
14 episodios
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