{
  "id": 14737935,
  "title": "Friends put $5,000 each into RXBAR; four years later, Kellogg bought it for $600m",
  "url": "https://urgent.news/2026/10/15/friends-put-5-000-each-into-rxbar-four-years-later-kellogg-bought-it",
  "topic": "culture",
  "section": "Culture",
  "published": "2026-10-15T15:18:21.000Z",
  "source": {
    "name": "Times of India",
    "slug": "times-of-india",
    "url": "https://timesofindia.indiatimes.com/world/us/in-2013-childhood-friends-peter-rahal-and-jared-smith-each-put-5000-into-rxbar-and-made-bars-in-rahals-parents-basement-four-years-later-kellogg-bought-the-company-for-about-600-million/articleshow/134970346.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "In 2013, aspiring entrepreneurs Peter Rahal and Jared Smith launched RXBAR while searching for nutritious protein bars. Starting from Rahal's parents' basement, they sold directly to customers. Their venture gained tremendous traction, culminating in a $600 million acquisition by the Kellogg Company in 2017, highlighting a significant trend towards clean-label snacks. Rahal remained CEO for two…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}