#045: How Sexologist Alexandra Fine Took $575k in Crowdfunding and Turned it into a Buzzing Dynasty

8 Aug 2024 · 50 min
Episode

8 Aug 2024 · 50 min

0:00

In this episode of the Turning Pro Podcast, host Ben Sharf interviews Alexandra (Alex) Fine, founder and CEO of Dame Products, a sexual wellness brand focused on people with vulvas. Alex shares her journey from aspiring sex therapist with a master's in clinical psychology to consumer‑goods entrepreneur, describing the market gap that inspired the hands‑free vibrator Eva, which raised $575,000 on Indiegogo in 45 days. The conversation covers the challenges of building a CPG company—inventory management, cash‑flow whiplash, and the difficulty of securing institutional financing—alongside her experiences with venture capital, including a painful rejection that taught her to redefine success. Alex discusses the importance of founders thinking like investors, the pitfalls of over‑valuation, and the need for transparent equity structures. The episode also explores broader industry themes: the stigma around sex‑toy advertising, the legal battle that secured Dame’s right to run subway ads, and the competitive yet collaborative landscape of sexual‑wellness education. Personal topics surface as Alex reflects on work‑life balance, setting boundaries, motherhood, and her hobby of fire‑spinning (poi). She reveals plans for a new podcast, "Horny for Life," and ends with a look ahead at product expansion (STI kits, acquisitions) and the desire to realize secondary market liquidity for founders. Throughout, Alex emphasizes healthy, pleasure‑focused sex, the nuance of pain‑pleasure dynamics, and the role of sexual wellness in mental health.

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