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15 Dec

Poppi, Maker of Prebiotic Soda, Raises Money to Expand

Poppi, Maker of Prebiotic Soda, Raises Money to Expand
Maker of Prebiotic Soda Maker of Prebiotic Soda The TikTok-famous prebiotic soda brand Poppi, founded by Allison and Stephen Ellsworth, has secured a $25 million seed round led by Cavu Consumer Partners. Back in 2018, the brand, then referred to as Mother, went on “Shark Tank” and received a $400,000 investment for a 25 percent stake from shark and cofounder and managing partner of Cavu Consumer Partners, Rohan Oza. 4 years later, he stays committed to the booming brand. “The primary two years…the brand was all about, does Poppi have the true potential that we expect it has? Are people going to like the brand nationwide, as much as we do? Not only in a Whole Foods but in all places from Whole...
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28 Nov

How Much Money Do R&B Artists *Really* Make? –

How Much Money Do R&B Artists *Really* Make? –
Welcome to The State of R&B, ESSENCE’s take a look at the past, present and way forward for rhythm and blues. On this piece, ESSENCE editors Jasmine Browley and Brooklyn White investigate the R&B bags secured—and lost. In 1997, Kelly Price sang “the mo’ money we come across, mo’ problems we see.” But what happens when there are rumors of no money?  You address them, head on.  “R&B has never not been lucrative because R&B could be performed world wide,” J. Valentine, a singer and songwriter with N’SYNC, Omarion and Mario songs to his credit, says to ESSENCE. “You don’t need as much insurance to guard the venues,” he says, hinting at hip-hop’s more rowdy shows. “So, the reality of the...
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24 Sep

These Celebs Share The Best Money Advice They’ve Ever

These Celebs Share The Best Money Advice They’ve Ever
Everyone can profit from financial advice, even wealthy celebrities. In any case, with an influx of money from lucrative deals coming their way, it will probably be easy to search out their way into some financial snafus if not managed accurately. From mismanagement of funds that result in bankruptcies, to IRS troubles, the famous can often find themselves in money trouble. But financial mistakes aren’t just isolated to celebrities. The common person could also be making the identical really questionable money moves as well, particularly in a time of economic uncertainty. The present inflation rate is over 9%, which has drastically driven prices for rent, groceries and gas amongst other necessities. Very like most of us, the wealthy and famous...
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22 Sep

Wealthy, Famous and Frugal: Here Are Some Of Hollywood’s

Wealthy, Famous and Frugal: Here Are Some Of Hollywood’s
Most of us dream of accomplishing celebrity status to enjoy countless luxury and limitless spending. This may increasingly be true for some famous faces, but there are others who're content with saving a coin despite their wealth. This makes perfect sense, particularly at the moment of economic uncertainty. In late July, The Federal Reserve raised the rate of interest for the second time this 12 months because it seeks to diminish inflation without making a recession. “Because the stance of monetary policy tightens further, it likely will turn into appropriate to slow the pace of increases while we assess how our cumulative policy adjustments are affecting the economy and inflation,” said Fed Chair Jerome Powell. And inflation is hitting everyone...
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