Soylent (food Substitute)
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Soylent (food Substitute)
Soylent, produced by Soylent Nutrition, Inc., is an American company that produces meal replacement products in powder, health shake, shake, and bar forms. The company was founded in 2013 and is headquartered in Los Angeles, California. Soylent is named after a food in ''Make Room! Make Room!'', a dystopian science fiction novel (which was the basis of the movie ''Soylent Green'') that explores themes of population growth and limited resources. The company developed a following initially in Silicon Valley and received early financial backing from GV (company), GV, the investment arm of Alphabet, Inc., and venture capital firm Andreessen Horowitz. In 2021, the company announced it had become profitable starting in 2020. History In January 2013, American software engineer Rob Rhinehart purchased 35 chemical ingredients—including potassium gluconate, calcium carbonate, monosodium phosphate, maltodextrin, olive oil—all of which he deemed to be necessary for survival, based ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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