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David Brown

πŸ‘€ Speaker
3215 total appearances
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Appearances Over Time

Podcast Appearances

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

But Ulukaya can't help himself.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

Instead of talking cheese, he tells them about the factory he can't afford and his dream of turning Greek yogurt into an everyday grocery item.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

The salesmen offer a solution.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

KeyBank is partnered with the Small Business Administration, the federal agency that helps small businesses with funding, finance, and mentoring.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

With KeyBank's help, Hamdi writes his first-ever business plan and forms a new company, AgroPharma, Inc.,

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

He pieces together the money he needs from the Small Business Administration, two banks, and a grant from the local county.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

And in the summer of 2005, he buys the factory and hires a small team, four former Kraft employees, and a Turkish yogurt master named Mustafa Doğan.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

On August 17th, 2005, Ulukaya gets the keys to the factory.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

The whole place reeks of milk that's been sitting in the hot sun for too long.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

There's so much to do, he doesn't even know where to start.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

So he and his new colleagues take it one step at a time, starting by cleaning and painting the walls.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

As they work, Ulukaya tells his team how he ended up here.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

He came to the US in the mid-90s.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

He didn't intend to come to America, but he definitely needed to leave Turkey.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

Ulukaya is Kurdish, an ethnic minority that in the 90s was the center of an often violent conflict between a Turkish government that sought to erase Kurdish identity and a Kurdish separatist movement wanting independence.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

Ulukaya started a newspaper calling out human rights abuses against Kurds.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

That landed him a night in jail and was a clear signal that he needed to leave.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

He thought about going to France or Germany, but then someone said America was the place to go.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

Ulukaya shakes his head and smiles as he remembers his response.

Business Wars
Chobani: The Yogurt That Ate America | Nothing But Good | 1

The U.S., the home of capitalism and imperialism?