What is a Cooperative? A cooperative (“co-op”) is defined by the International Cooperative Alliance as an “autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise.” [1]  Co-ops are created and operated by individuals who share a common goal. [2]  For entrepreneurs, co-ops can help fill market gaps because their business structure has elements

On March 17, 2025, PepsiCo announced that it would be acquiring Poppi for a net purchase price of $1.65 billion. [1] The deal included a potential earnout consideration “subject to the achievement of certain performance milestones within a specified period after closing of the transaction.” [2]    The buyer in the acquisition is PepsiCo, an international company serving over 200 countries and territories world-wide. [3]  In 2024, PepsiCo earned nearly $92 billion in net reve

After the COVID-19 pandemic, climbing interest rates, heightened risk aversion among institutional investors, and depressed corporate valuations have caused startups to rethink their financing strategies and pursue sources of capital beyond traditional venture capital (“VC”). [1] Today, VC, a historically prominent source of financing for startups, is increasingly being supplemented with venture debt (“VD”). [2] VD is a financing tool that allows founders to raise capital t

“Family wealth is not self-perpetuating.  Without careful planning and stewardship, a hard-earned fortune can easily be dissipated within...