OLIPOP Is Now a $1.85 Billion Brand. 'You Can Accomplish Things You Can't Imagine' Says Its Co-Founder. OLIPOP co-founder Ben Goodwin explains how his idea for a "functional" soda that supports the gut's microbiome found its way onto store shelves and into consumers' hearts.

By Dan Bova

OLIPOP is having quite a week.

First, they engaged in a snark war with rival low-sugar prebiotic soda brand, Poppi, during the Super Bowl — and by all accounts came out the victor.

Poppi reportedly spent $16 million on a one-minute Super Bowl ad featuring famous content creators — and sent 32 fully-stocked vending machines to social media superstars. The marketing stunt fizzled out fast. Customers complained on social media that giving rich people free drinks was ludicrous and that the brand could have donated the machines to schools or hospitals, or put those funds toward lowering the drinks' prices.

OLIPOP jumped in, fanning the flames with comments like "32 machines times $25K per machine yikes" and "we don't have vending machines but who wants a jersey !!"

Second on OLIPOP's hit parade: the company made an announcement that surely had many cans popping in celebration.

Just seven years after its launch, after closing its Series C with J.P. Morgan, OLIPOP has hit a $1.85 billion valuation.

For anyone who thought the idea of a healthier soda would fall flat, apparently customers were thirsty for just that. The brand is sold in nearly 50,000 stores across the U.S., including Walmart, Target, Wawa, Whole Foods Market, Kroger, Costco and Starbucks.

Related: He Took His Side Hustle Full-Time After Being Laid Off From Meta in 2023 — Now He Earns About $200,000 a Year: 'Sweet, Sweet Irony'

Ben Goodwin, the 39-year-old co-founder of OLIPOP, told BIZ Experiences in 2023 (back when the company was only valued at $200 million) that the business was inspired largely by weight and health struggles in his early teens. He said he lost 50 pounds at age 14, which led to a lifelong obsession with healthier diets and exercise.

"After dropping out of college, I became a relentless researcher on the microbiome and product formulation and eventually went on to develop the formula for OLIPOP," he said, at the time.

Goodwin also shared his advice for BIZ Experiencesial thinkers who, like him, have a great idea and passion, but don't know whether they are quite ready to start.

"I think people don't necessarily need to have the full vision of the end game when they begin," he advised, adding that market reaction will give you the feedback you need to know what your product is doing right, how it can improve, and how your company can grow.

Related: Jon Taffer's 10% Rule Is the Productivity Hack That Could Change Your Life

And for those seeking investment, he stressed the importance of working with investors who "treat you with respect, take the time to listen to your vision, and are interested in your business."

If a potential investor feels the need to dominate conversations and acts like they are the savior of your company? "Avoid them," Goodwin says. "We have a capability to grow through great vision and effort," he says. "The future is not fixed, nor is our ability to facilitate that change."

Watch BIZ Experiences's conversation with Ben Goodwin in its entirety here.

Dan Bova

BIZ Experiences Staff

VP of Special Projects

Dan Bova is the VP of Special Projects at BIZ Experiences.com. He previously worked at Jimmy Kimmel Live, Maxim, and Spy magazine. His latest books for kids include This Day in History, Car and Driver's Trivia ZoneRoad & Track Crew's Big & Fast Cars, The Big Little Book of Awesome Stuff, and Wendell the Werewolf

Read his humor column This Should Be Fun if you want to feel better about yourself.

Want to be an BIZ Experiences Leadership Network contributor? Apply now to join.

Business Solutions

Boost Team Productivity and Security With Windows 11 Pro, Now $15 for Life

Ideal for BIZ Experiencess and small-business owners who are looking to streamline their PC setup.

Science & Technology

OpenAI's Latest Move Is a Game Changer — Here's How Smart Solopreneurs Are Turning It Into Profit

OpenAI's latest AI tool acts like a full-time assistant, helping solopreneurs save time, find leads and grow their business without hiring.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for BIZ Experiencess to pursue in 2025.

Marketing

With the Rise of AI and Social Media-Driven Search, How Can Businesses Adapt Their SEO Strategies?

As AI and social platforms reshape how people search, traditional SEO tactics are no longer enough.

Starting a Business

I Built a $20 Million Company by Age 22 While Still in College. Here's How I Did It and What I Learned Along the Way.

Wealth-building in your early twenties isn't about playing it safe; it's about exploiting the one time in life when having nothing to lose gives you everything to gain.

Money & Finance

These Are the Expected Retirement Ages By Generation, From Gen Z to Boomers — and the Average Savings Anticipated. How Do Yours Compare?

Many Americans say inflation prevents them from saving enough and fear they won't reach their financial goals.