Can Farmers Use Tech to Take on Big Ag Companies?
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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.
Can Farmers Use Tech to Take on Big Ag Companies?