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The Exit - Presented By Flippa

From Startup to Coca-Cola and Back Again: The Full-Circle Journey of ZICO Founder Mark Rampolla

The Exit - Presented By Flippa

The Exit - Presented By Flippa

Technology

5.0 • 420 Ratings

🗓️ 6 October 2025

⏱️ 26 minutes

🧾️ Download transcript

Summary

Want a quick estimate of how much your business is worth? With our free valuation calculator, answer a few questions about your business, and you’ll get an immediate estimate of the value of your business. You might be surprised by how much you can get for it: https://flippa.com/exit -- In this episode of The Exit, Mark Rampolla, founder of ZICO Coconut Water and co-founder of GroundForce Capital, unpacks one of the most fascinating comeback stories in consumer brand history. Mark shares how he went from being a Peace Corps volunteer in Central America to launching ZICO, scaling it into a household name, and ultimately selling to Coca-Cola. He breaks down what it was like to negotiate with one of the world’s biggest corporations, why timing and category positioning were everything, and how he structured a deal that protected both his vision and the company’s future. Then came the twist. When Coca-Cola offloaded over 200 brands during COVID, Mark bought ZICO back, reigniting the very company he had built from scratch. Now, with GroundForce Capital, he’s helping the next generation of founders build sustainable, purpose-driven businesses ready for exit. This is a must-listen episode for entrepreneurs looking to understand what makes a brand acquisition-worthy, how to negotiate from a position of strength, and how to know when it’s time to sell (or buy back). -- Mark Rampolla is a visionary entrepreneur, investor, and author dedicated to empowering mission-driven leaders and building businesses with purpose. As co-founder and co-managing partner of GroundForce Capital, he helps bold founders scale companies that create lasting impact. He previously founded ZICO Coconut Water, pioneering the multibillion-dollar coconut water category and selling the brand to Coca-Cola before famously buying it back. Over his career, Mark has invested in more than 100 companies, served on over 20 boards, raised over $1 billion in capital, and generated over $5 billion in enterprise value. A former Peace Corps volunteer and corporate executive, he is the author of High-Hanging Fruit as well as the soon to be released An Entrepreneur’s Guide to Freedom, and continues to inspire entrepreneurs to break free from constraints and lead with true freedom. Websites - https://www.groundforcecapital.com/ - https://www.markrampolla.co/ Pre-order his book - https://a.co/d/3c5nOSD -- The Exit—Presented By Flippa: A 30-minute podcast featuring expert entrepreneurs who have been there and done it. The Exit talks to operators who have bought and sold a business. You’ll learn how they did it, why they did it, and get exposure to the world of exits, a world occupied by a small few, but accessible to many. To listen to the podcast or get daily listing updates, click on flippa.com/the-exit-podcast/

Transcript

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0:00.0

Before we get into the exit today, I want to talk about the certified M&A advisors that are on

0:05.7

Flippa. If you are an operator right now running a business and you're thinking about exiting,

0:10.8

you are going to want to get a free online business valuation on the exit landing page.

0:16.7

Without a doubt, it is the smartest thing you can do to start a process and get yourself organized.

0:23.0

So you're going to go to the URL, flippa.com, slash exit, to check out more, and let's jump into

0:28.1

the interview.

0:29.2

Below and welcome to the exit presented by Flipup, the number one platform to buy and sell online

0:34.2

businesses.

0:35.2

Flipa manages over a billion in deal value annually and combines

0:39.4

expert buy and sell side advisory with its market leading valuation tool, deal room,

0:43.9

off market offering, market insights, an AI-based deal-by-deal matching engine. Now for the exit.

0:50.9

The exit is a 30-minute podcast featuring awesome entrepreneurs who have been there and they

0:54.8

have done it. The exit talks to operators who have bought and sold businesses of all different sizes.

1:00.3

You learn how they did it, why they did it, and get exposure to the world of exits. It's a world

1:05.1

occupied by a small few, but accessible to many. On this episode of the exit, I sit down with Mark

1:10.5

Rambollah. He's the co-founder and managing partner at Groundforce Capital. but accessible to many. On this episode of The Exit, I sit down with Mark Rampola.

1:11.5

He's the co-founder and managing partner at Groundforce Capital,

1:15.2

and he also founded the company Zico,

1:18.0

the coconut water that he sold to Coca-Cola back before COVID

1:23.1

and then bought the business back,

1:25.8

which is such an incredible, full circle story here as an entrepreneur,

1:30.7

talking to him, learning about all the different ups and downs,

...

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