Dr. Pamela Marrone, CEO and founder of Marrone Bio Innovations (MBI), started the company in 2006 to discover and develop effective and environmentally responsible, biologically-based products for pest management and plant health. In August 2013, she led the company IPO on the NASDAQ stock exchange. Prior to establishing MBI, Dr. Marrone founded AgraQuest (1995-2006) where she served as its CEO, Chairman and President. Before AgraQuest, she was founding president of Entotech, Inc. (1990-1995), a biopesticide subsidiary of Novo Nordisk. Pam started her career in biopesticides by leading the Insect Biology group at Monsanto (1983-1990), which was involved in pioneering projects based on natural products and plant biotechnology. Pamela Marrone holds a B.S. in entomology from Cornell University and a Ph.D. in entomology from North Carolina State University.
Then I left the company in 2006 to start this one. And then the same investors kept putting in money at very low prices, even 4.7¢, so very diluted. So the company ended up with a billion shares. And because he had 2.5x liquidation preferences, meaning, when the company sold, he gets his money o...(Full transcript available to logged in subscribers.).
Register & Subscribe
Login
