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Wall Street bro bought popcorn company for $250K in 2011. Just sold it to Hershey for $750M.

submitted by PoundOfFlesh to news 2 weeksApr 28, 2025 12:02:06 ago (+5/-1)     (www.cnbc.com)

https://www.cnbc.com/2025/04/26/lesserevil-ceo-left-wall-street-for-failing-snack-company-sold-to-hershey.html

Don't tell me you don't admire (and envy) that guy. That's a big risk and gigantic payoff, with a lot of hard work and probably some shady shit - article mentions one popcorn product had "concerning amounts of lead"... wtf.

If retards are willing to pay $5 for a bag of popcorn they could have made themselves for less than $0.25, might as well go for it. LOL all it takes is just tossing kernels with a little oil then popping them in the microwave or on a stovetop. Or just buy a popcorn popper for like $15.

Funny to imagine that there might be goats here who are worth $10+ million. Maybe Icemonkey should sell his business and invest in Upgoat instead.


10 comments block

"Coristine had no experience in the food industry....."

So he hired people that did.

"I didn't know anyone in food.. to ask wether I was crazy or not..."

"The risk was impulsive and ill-researched....was losing money and bringing in less than $1 million"

Simply means he was taking a big risk.

The article isn't claiming he turned the company around by magic. I'm not sure what point you're trying to make.

Why not just give him credit for taking a huge risk and for making the right moves to have it pay off?