Babylist: Natalie Gordon. How a new mom used nap time to build a $500M business.

In 2010, software engineer Natalie Gordon was pregnant– and fed up with the overwhelming baby aisles in big box stores. So she quit her computer job to code the registry she wished existed. No pink-and-blue giraffes. No allegiance to a single store. Just a universal list that let friends give the real help that new parents need—from strollers to diaper services to dog-walking. Natalie coded the first lines of Babylist during her son’s nap time. She managed customer support, pitched bloggers from coffee shops, and learned growth the hard way—first through affiliates, then with a pivotal Pinterest bet, and finally by taking on her own inventory (and all the headaches that come with it). Along the way she wrestled with hiring, firing, fundraising, and the identity shift from founder to CEO. Today, Babylist is one of the most trusted parenting platforms in the U.S., with a retail arm, editorial content, and a program for providing breast pumps. This is a masterclass in living a problem–and building a solution. You’ll learn: How to spot a customer pain point and design an MVP around it The power of slow virality How to use a small seed round without losing control The painful path from affiliate revenue to first-party e-commerce Stumbles with hiring – and firing– as a first-time CEO How paid growth works on visual platforms like Pinterest How “controlling your destiny” justifies a hard shift in business model How coaching and feedback helps you evolve from founder to leader Timestamps: 05:32 - Learning to solve hard problems at Amazon - 08:28 - Sabbatical in Latin America: Natalie’s first (failed) business and what it taught her 17:50 - A meltdown in a superstore → the Babylist “aha” moment 19:40 - Designing a universal registry, dog-walking included 24:42 - Blitzing the mommy blogs, a “pregnant hacker” post on Hacker News 30:01 - Why $140/month revenue felt like a victory 39:18 - Going solo at an Accelerator, and the agony of early hiring and firing 49:29 - From “slowly viral” to real scale, and how Pinterest helped 58:09 - Affiliate links to in-house inventory → piles of bassinets in the office 1:01:57 - COVID’s unexpected windfall, the health wedge (breast pumps & beyond) This episode was produced by Kerry Thompson with music by Ramtin Arablouei. It was edited by Neva Grant. Our audio engineers were Patrick Murray and Jimmy Keeley. Follow How I Built This: Instagram → @howibuiltthis X → @HowIBuiltThis Facebook → How I Built This Follow Guy Raz: Instagram → @guy.raz Youtube → guy_raz X → @guyraz Substack → guyraz.substack.com Website → guyraz.com See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .