r/Anticonsumption 20d ago

Corporations Time to ditch Poppi

Post image

Poppi is now owned by a mega corporation. The quality is probably going to go down. Time to ditch it.

9.8k Upvotes

446 comments sorted by

View all comments

6.6k

u/YNWA_RedMen 20d ago

I listen to a podcast called how I built this and basically this is every start ups plan. People set out to change an industry and always sell to the same conglomerates and ride off into the sunset rich as hell. It’s not very inspiring sometimes.

260

u/getoffurhihorse 20d ago

When both Patrick Schwarzenegger and Stephanie Ledda said that's the dream, to be bought out for millions and millions, I gave up.

I just remember in Baby Boom Diane Keaton saying if you can take this company far then so can I. I was under that illusion my whole life.

320

u/FreshestCremeFraiche 20d ago

One reason I have trouble blaming the founders who sold is that megacorps will often just create their own competing product if you don’t take the buyout. And with the megacorps deep pockets and advertising budget, they can undercut and out-market the startup. So it’s basically “take this money while your business is valuable, or there’s a high chance we just run you out of business and you and your employees get nothing”

243

u/RogueAOV 20d ago

I have read more than a few stories about people creating products, selling them on Amazon and receiving an offer for Amazon to buy them out.

If they do not then an astonishingly similar Amazon Basic product is released undercutting their price and their item is buried in the algorithm.