The usual suspects are attacking somebody who makes a good-hearted effort to help others.
See “For Helping Immigrants, Chobani’s Founder Draws Threats”, David Gelles, New York Times, 2016-10-31,
http://www.nytimes.com/2016/11/01/business/for-helping-immigrants-chobanis-founder-draws-threats.html?comments#permid=20314776:20316147
My comment to a reader’s comment about buying more Chobani yogurt follows:
Me too! I stopped eating Chobani yogurt, the best yogurt I've ever had, in a diet experiment. The experiment failed, and I've had a few servings of Chobani since. Maybe I'll eat put Chobani on my oatmeal and granola instead of almond milk. Let's meet hate with love, love of a good product and of a corporation with a heart.
When NYT notified me that my comment was approved, I found that many others had the same sentiment. I didn’t read more than a few dozen comments, but I found no sleaze attacks, only support.
Showing posts with label Chobani Greek yogurt. Show all posts
Showing posts with label Chobani Greek yogurt. Show all posts
Monday, October 31, 2016
Sunday, October 07, 2012
"Government-made" billionaire
Hamdi Ulukaya, a Turkish immigrant, started making Chobani yogurt with the help of a Small Business Administration loan. He bought a Kraft Foods factory in 2005 with the help of that loan, and he began shipping Chobani Greek yogurt two years later. It is now the best selling yogurt brand in the U.S. He is now estimated to be worth 1.1 billion dollars.
Of course, the government didn't make him a billionaire. He and many other people had to do a lot of work to produce and sell all that yogurt. But could he have started without the SBA loan? Maybe if there had been a friendly banker who believed in him. So, the government didn't make him a billionaire, but it certainly gave him a rung or two to start the climb to success.
See "The billionaire behind Chobani", Devon Pendelton, Bloomberg News, Updated 2012-09-25, via Star Tribune.
Something else to consider: was the SBA loan government spending or government investment? Consider all the jobs that Chobani created and the taxes the employees pay. Consider how much more taxes Ulukaya paid than if he hadn't been so successful. Consider how those taxes in turn can be reinvested in education, roads, and loans to other fledgling companies.
Of course, the government didn't make him a billionaire. He and many other people had to do a lot of work to produce and sell all that yogurt. But could he have started without the SBA loan? Maybe if there had been a friendly banker who believed in him. So, the government didn't make him a billionaire, but it certainly gave him a rung or two to start the climb to success.
See "The billionaire behind Chobani", Devon Pendelton, Bloomberg News, Updated 2012-09-25, via Star Tribune.
Something else to consider: was the SBA loan government spending or government investment? Consider all the jobs that Chobani created and the taxes the employees pay. Consider how much more taxes Ulukaya paid than if he hadn't been so successful. Consider how those taxes in turn can be reinvested in education, roads, and loans to other fledgling companies.
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