|By PR Newswire||
|August 20, 2014 03:29 PM EDT||
NEW YORK, Aug. 20, 2014 /PRNewswire/ -- Inc. magazine today ranked Bai Brands NO. 160 on its 33rd annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America's independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, Domino's Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 500|5000.
"We are honored to be included in the prestigious Inc. 500|5000 list among the country's most successful and innovative businesses," says Ben Weiss, CEO and Founder of Bai Brands. "Over the past five years we have grown the company through passion and dedication, and this is what makes Bai Brands stand out amongst the rest. It is our number one goal to bring a healthy, flavorful product to our consumers and we will continue to do so."
The 2014 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 20 to November 30), is the most competitive crop in the list's history. The average company on the list achieved a mind-boggling three-year growth of 516%. The Inc. 5000's aggregate revenue is $211 billion, generating 505,000 jobs over the past three years. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
"What surprises me, even though I know it's coming, is the sheer variety of the paths our entrepreneurs take to success, thematically reflecting how our economy has evolved," says Inc. President and Editor-In-Chief Eric Schurenberg. "This year there are far more social media and far fewer computer hardware businesses than there were, say, six years ago. But what doesn't change is the fearsome creativity unleashed by American entrepreneurship."
The annual Inc. 5000 event honoring all the companies on the list will be held from October 15 through 17, 2014 in Phoenix. Speakers include some of the greatest entrepreneurs of this and past generations, such as Michael Dell, Martha Stewart, host of the CNBC show "The Profit" Marcus Lemonis, Container Store Founder and CEO Kip Tindell, and Chobani Founder and CEO Hamdi Ulukaya.
Bai5 Antioxidant Infusions are innovative beverages that harness the goodness of coffeefruit, one of nature's most powerful antioxidants. During founder Ben Weiss' over 20 years in the specialty coffee business, he discovered the free-radical-fighting potency of this "secret superfruit." He worked to create delicious, refreshing beverages by combining fresh exotic juices, white tea extract and coffeefruit extract, sweetened with organic stevia. Every bottle of Bai5 delivers a thirst-quenching experience that is 100 percent natural, Kosher, vegan, low glycemic, and gluten- and soy-free. Bai5 is only five calories, with just one gram of sugar per serving. It comes in 10 thirst-quenching flavors, available in stores nationwide and online: Brasilia Blueberry, Congo Pear, Costa Rica Clementine, Ipanema Pomegranate, Malawi Mango, Panama Peach, Sumatra Dragonfruit, Limu Lemon, Molokai Coconut and Tanzania Lemonade Tea.
More about Inc. and the Inc. 500|5000
The 2014 Inc. 5000 is ranked according to percentage revenue growth when comparing 2010 to 2013. To qualify, companies must have been founded and generating revenue by March 31, 2010. They had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2013. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2010 is $100,000; the minimum for 2013 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/5000.
About Inc. and the Inc. 5000
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit http://www.inc.com/.
The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://www.inc.com/.
SOURCE Bai Brands
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