Poppi: Allison and Stephen Ellsworth. From Farmers Market Vinegar Drink to $2B Soda Sensation
Allison and Stephen Ellsworth, founders of Poppi, explain how they transformed a home-brewed apple cider vinegar drink into a $2 billion prebiotic soda acquired by Pepsi. They detail the pivot from 'Mother Beverage' to Poppi, driven by Shark Tank investor Rohan Oza’s critique that their branding was 'sh*t,' leading to a rebrand with colored cans and a 'functional soda' positioning. The founders describe overcoming early carbonation failures, securing Whole Foods distribution, and leveraging TikTok and Amazon to explode sales during the pandemic, culminating in a Super Bowl ad and eventual acquisition.