Hampton Creek Rallies Employees Around Unicorn Startup Valuation

  • Vegan mayo CEO says funding round expected to close in weeks
  • Speaking at staff meeting, Tetrick asks for careful spending

Hampton Creek CEO Rallies Employees Around Valuation

Josh Tetrick offered employees of his food startup Hampton Creek Inc. a morale boost by telling them that the company is about to reach coveted unicorn status. The co-founder and chief executive officer told staff that it’s finalizing a funding round valuing the Just Mayo maker at $1.1 billion, placing it among a group of venture-backed unicorn startups with valuations of at least $1 billion.

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