Why Pepsi Went Bankrupt
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THE STORY OF PEPSI & PEPSICO - Here’s the truth Pepsi don’t want you to know: Pepsi started off as a rip off of Coca-Cola. And Pepsi Cola even tried to sell their company to Coca-Cola on three separate occasions. But Coke kept turning them down. As a result, Pepsi struggled and literally went bankrupt on two separate occasions. And yet, fast forward to present day - and PepsiCo makes around $80 billion dollars of revenue a year - more than double the Coca Cola company.
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