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You don't have to be a major tech company or solve world problems to have massive growth.
This is one company I would love to dig into and analyze. Their marketing, their PR, their product and supply chain, their distribution chain. How do you borrow $1M to buy an old factory and turn it into $1Bn in revenue in less than a decade. Especially with a product that not everyone needs or wants.
Chobani: The yogurt company growing as fast as Google and Facebook - Postcards
This is one company I would love to dig into and analyze. Their marketing, their PR, their product and supply chain, their distribution chain. How do you borrow $1M to buy an old factory and turn it into $1Bn in revenue in less than a decade. Especially with a product that not everyone needs or wants.
Chobani: The yogurt company growing as fast as Google and Facebook - Postcards
How do you get from zero to $1 billion in revenue in five years?
Google (GOOG) did it by organizing the world's information.
Facebook (FB) did it by making the world more open and connected.
A hyper-growth trajectory, you might assume, requires a world-changing idea, brilliant programmers, and a Silicon Valley address.
Not necessarily. Hamdi Ulukaya borrowed $1 million to buy an 85-year-old factory in upstate New York, came up with a new recipe for an ancient product and took on Fortune 500 giants in a consumer category that most experts figured was locked up. Five years after selling the first case of his Greek-style yogurt, Chobani, in October 2007, Ulukaya reached $1 billion in annual revenue. This kind of growth is unheard of, particularly for a startup, in the packaged-goods business—and rare in the tech world.
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