Coca-Cola’s formula could leak tomorrow and the company would lose almost nothing in enterprise value, because the 1885 trademark precedent set in an Atlanta courtroom is what every cent of the brand’s 90-billion-dollar valuation actually rests on
Asa Candler walked into a Fulton County, Georgia courthouse in 1888 and within five years he had spent roughly $2,300 buying out every remaining claim to the formula a morphine-addicted pharmacist named John Pemberton had cooked up in a brass kettle in his Atlanta backyard. Candler didn’t care much about the syrup. He cared about … Read more