Is Chobani Good Or Bad

Chobani is a yogurt making company that started up eleven years ago and today has grown to be the top selling yogurt in America. The 2015 annual revenue of the company was 1.6 Billion dollars. The reason Chobani has grown so much so fast isn’t by accident. Diabetes has been an enormous deal in America for a long time. Most of Americans are trying to make a change and live healthier lifestyles than they used to. Chobani gives a chance for Americans to do exactly that by using all real fruit and traditional ways of making yogurt. Unlike most yogurt companies now days that use so many preservatives and non-natural ingredients. Chobani strives to be as authentic, simple, and healthy as they can, which gives America the choice to eat healthy which …show more content…
He is 44 years old, not a legal citizen of the U.S. and never went to school so he could start up this company. He now lives in Norwich, New York , and his net worth is around 1.97 billion. He started this company in the summer of 2005 with only five employees. He started this company because when he came to America he looked for greek yogurt as a consumer but soon realized that no other company was making what he thought yogurt should be. There was a yogurt factory that went for sale while Ulukaya was in America and he decided to start his own yogurt making company by purchasing the factory with a loan from the SBA. Even though Ulukaya never went to school for business he has everything an entrepreneur needs to have a successful business. He has confidence, energy, tolerance for uncertainty, and an internal drive that has taking this company in the right direction. Also Ulukaya signed the giving pledge, created by Warren Buffet and Bill Gates, which means that he is pledging to give most of his own money to charity. Also, he set up the tent foundation which is trying to help solve the refugee …show more content…
The employees that work at Chobani are attached to the job they have because of how they are treated and because they are proud of what they stand for as a company. Ulukaya is giving a 10% stock ownership to over 2,000 employees. For some of these employees that could mean millions of dollars. Ulukaya said that he is doing this because he wants to pass along the wealth that they have helped build in the decade since it started. Although he says this many people believe he is giving these stocks away so that it will dilute the TPGs share. The employees are proud of what they stand for because Chobani values corporate social responsibility. Some of the ways the company shows this is by using their byproduct and recycling it to feed the cows they receive milk from. Or t help fertilize local