An acquisition is not the end all, be all. And I really want to emphasize that because I think there's so many misnomers or ideas out there that people think the norm is raising money. I did not. There's another way to do it. It's just less talked about and gets less attention. The end all is not always an exit.”
Gwen Whiting is a serial entrepreneur and the co-founder of The Laundress, an eco-friendly cleaning brand. After selling the company to Unilever in 2019, Gwen faced unexpected challenges navigating the acquisition process and the emotional toll of watching the brand she had built for many years start to sink.
Now, Gwen is channeling her passion for wellness into her latest venture, The Fill, a private members cleaning community focused on sustainable solutions. Through this new chapter, she continues to advocate for responsible entrepreneurship and creating meaningful impact. After not being able to speak publicly about many aspects of the acquisition for years, Gwen is finally able to share what happened behind the scenes and the lessons she wishes she had known before selling her business.
Most acquisition stories end with the announcement of the deal. Gwen's story begins there. In this episode, she opens up about the realities of going from founder to employee, why she believes founders need a much deeper understanding of what happens after a sale closes, and how she found the courage to build again after one of the most difficult chapters of her entrepreneurial journey.
In this Entreprenista Podcast, Gwen shares the story behind The Laundress acquisition, reflects on the emotional reality of selling a business, and discusses how she is building The Fill on her own terms.
You can listen to the podcast on Spotify and Apple Podcasts.
Here are a few moments from the podcast:
Gwen reflects on how she felt shortly after selling The Laundress:
“I had just sold the company. It was within two, three months, and I really thought I had sent my baby to college. And not only college. Like, even though we're Cornell girls, I was like, "Baby went to Harvard," And that's really, really how I felt. I had my company for over, for 16 years, and it was a very long, grueling, never-ending startup. It was never flush in cash and glamorous with, you know, along the way. Obviously, some glamorous moments, but it was a long, rough journey.”
She explains why the acquisition process felt different because she had never raised outside capital:
“I never raised money for The Laundress, so I had never done the rounds and been in the rooms and done the pitch deck and had all of that organization that goes behind a company that has been doing that along the way. Where you're sort of prepared and kind of doing that dance for the most part in dif- in a different way. You're asking for money versus selling the company. Unilever came to me about the acquisition, so I hadn't even done a process. So there was no- nothing prepared at all when that started.”
Gwen shares one of the biggest operational surprises after the deal closed:
“And that was one of my biggest disappointments, which was the day of the closing you, you close all your bank accounts, uh, you know, all your credit line disappears 'cause you've shut down your company, your company doesn't exist anymore in the, in the same capacity, and Unilever never set up the bank account for us to move to. Like, that wasn't done. And then the absurdity of the bank account, which was it wasn't done, A, we were an international acquisition, which made things 10 times more complicated and ridiculous, which I had no warning of.”
She opens up about what it felt like to watch the brand change after the sale:
“But it was just so painful to watch and see that I was on the Titanic and I self-induced the iceberg. Like, that was my choice. That was my decision, and the iceberg has been hit, and now it's a matter of time where we're, like, going down. But you're taking in water for a long time. And, you know, I've got, got the life jackets. I've got the lifeboats. I'm trying to, you know, I'm being like fierce mama bear. I'm trying to protect my employees.”
Gwen explains why selling a business was never only about the financial outcome:
“That just makes my head pop off 'cause it's not transactional. This was never transactional for me. Like, this wasn't about the money. This was 20 years of my life dedicated to do s- doing something with complete excellence with my full soul and value system. That's the heartbreak.”
As she talks about The Fill, Gwen shares why this new business is being built in a more private, community-centered way:
“I wanted nothing to do with it. I took so much pride in giving real solutions and my know-how to my com- you know, to everyone for all of those years. And with Efill, I was like, "I want a community. This is personal. This is personal again, and it's private, and I will give you everything, but you have to be a member in our safe space, in our community. I'm not gonna bombard you with emails. I am not gonna stalk you on Facebook.”
You May Also Like
- From her Kitchen to a $1.95 Billion Acquisition: Allison Ellsworth’s Incredible Poppi Journey
- Abby Martinez of Well Balanced Business: Scaling Entrepreneurs with Systems, Strategy & Soul
- How to Get Funding for a Business as a Woman Entrepreneur Before Profitability
Curious about joining the Entreprenista League? Sign up here for a free info session.
Connect with Gwen:
- @gwenlwhiting on Instagram
- thefillclub.com
- Listen to Gwen's previous episode on the Entreprenista Podcast here
Thanks for tuning into this week’s episode of The Entreprenista Podcast - the most fun business meeting for women founders and leaders. If you enjoyed this episode, please subscribe to the show and leave a review wherever you get your podcasts.
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Relay is a financial technology company, not a bank. Banking services provided by Thread Bank member, FDIC.
Updated on: June 26, 2026
Hosts
Stephanie Cartin is the co-founder and CEO of Entreprenista, an all-in-one platform – which includes a private community & business membership called The Entreprenista League that's made up of over 2,000 women founders at all stages of business, a weekly newsletter received by 60,000 readers, two podcasts, in-person educational & networking events, and an award program – that women founders at all stages can turn to for everything they need to grow.
Stephanie is also the co-founder of Socialfly (acquired by Truform Media Group in 2024), Markid, and Pearl Influential Capital. She has won countless awards, including the SmartCEO Brava award, which recognizes the top women CEOs in New York, and a Stevie Award for Women-Run Workplace of the Year. She has also appeared in Bloomberg, Forbes, Entrepreneur, Refinery29, and more.
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Highlights
How the Laundress was acquired (06:42)
The emotional toll of selling a business (24:52)
Sustainable business practices (31:36)
The importance of giving back (35:56)
Challenges of starting fresh (47:14)



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