At Chobani, Now It’s Not Just the Yogurt That’s Rich
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Re: At Chobani, Now It’s Not Just the Yogurt That’s Rich
#2Tippin my hat, nicely done...
Re: At Chobani, Now It’s Not Just the Yogurt That’s Rich
#3>TPG has warrants to buy 20 percent or more of Chobani’s shares, depending on targets set in the original deal it struck. But that percentage would now be calculated from the 90 percent of the remaining shares, after the 10 percent given to the employees, essentially diluting TPG’s potential stake.
How did that happen? How would the 10 percent given to the employees not be included in the 20% of the TPG contract?
Re: At Chobani, Now It’s Not Just the Yogurt That’s Rich
#4Congrats, but I'm always blown away at the size of some companies. Do you really need 2000 people to make yogurt?
Airplanes are big complex systems, so I get that, but yogurt?
Edit: Apparently I rubbed some folks the wrong way. I didn't mean to think I could do better, I just meant it's a wild thought that something so "simple" as yogurt could require so many people to make.
You guys probably know about "I, Pencil", but it's a good read if you haven't heard of it: http://www.econlib.org/library/Essays/rdPncl1.html
Re: At Chobani, Now It’s Not Just the Yogurt That’s Rich
#5Congrats, but I'm always blown away at the size of some companies. Do you really need 2000 people to make yogurt? Airplanes are big complex systems, so I get that, but yogurt? Edit: Apparently I rubbed some folks the wrong way. I didn't mean to think I could do better, I just meant it's a wild thought that something so "simple" as yogurt could require so many people to make. You guys probably know about "I, Pencil",…
what is the right amount of people for a company with a market share as large as them?
Re: At Chobani, Now It’s Not Just the Yogurt That’s Rich
#6Congrats, but I'm always blown away at the size of some companies. Do you really need 2000 people to make yogurt? Airplanes are big complex systems, so I get that, but yogurt? Edit: Apparently I rubbed some folks the wrong way. I didn't mean to think I could do better, I just meant it's a wild thought that something so "simple" as yogurt could require so many people to make. You guys probably know about "I, Pencil",…
Do things that don't scale.
Thats what working capital is for.
Re: At Chobani, Now It’s Not Just the Yogurt That’s Rich
#7Congrats, but I'm always blown away at the size of some companies. Do you really need 2000 people to make yogurt? Airplanes are big complex systems, so I get that, but yogurt? Edit: Apparently I rubbed some folks the wrong way. I didn't mean to think I could do better, I just meant it's a wild thought that something so "simple" as yogurt could require so many people to make. You guys probably know about "I, Pencil",…
It must've taken a big marketing team to invent calling sugar "evaporated cane juice" in the list of ingredients.
Re: At Chobani, Now It’s Not Just the Yogurt That’s Rich
#8[deleted]
Re: At Chobani, Now It’s Not Just the Yogurt That’s Rich
#9>TPG has warrants to buy 20 percent or more of Chobani’s shares, depending on targets set in the original deal it struck. But that percentage would now be calculated from the 90 percent of the remaining shares, after the 10 percent given to the employees, essentially diluting TPG’s potential stake. How did that happen? How would the 10 percent given to the employees not be included in the 20% of the TPG contract?
> How did that happen? How would the 10 percent given to the employees not be included in the 20% of the TPG contract?
From TFA: "He said that giving his employees a stake in the company’s success was among the terms he demanded when the deal with TPG was struck."
Re: At Chobani, Now It’s Not Just the Yogurt That’s Rich
#10Congrats, but I'm always blown away at the size of some companies. Do you really need 2000 people to make yogurt? Airplanes are big complex systems, so I get that, but yogurt? Edit: Apparently I rubbed some folks the wrong way. I didn't mean to think I could do better, I just meant it's a wild thought that something so "simple" as yogurt could require so many people to make. You guys probably know about "I, Pencil",…
Logistics & Supply chain, QA and inspections, Sales and account operations, marketing, finance, corporate dev/biz dev. And at Chobani's scale, middle management for all of these categories. I can see 2000 people being realistic.