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missedthecue
on Nov 17, 2021
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Chobani S-1 IPO Prospectus
Even our yogurt companies are unprofitable
marc__1
on Nov 17, 2021
[–]
Mainly because they have a huge debt-pile. Had Hamdi had chosen to raise equity it would be profitable, albeit with a smaller ownership (typical in tech, no so much in food companies).
All in all, great company and congrats to this milestone
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