Coca-cola was invented by Atlanta Georgia pharmacist Dr. John Stith Pemberton on May 8, 1886. Pemberton created a unique blend of syrup with carbonated water to create a soda fountain drink that was “delicious and refreshing.” In those days, a glass of Coca-Cola cost only five cents. Pemberton’s partner and bookkeeper, Frank M. Robinson came up with name Coca-Cola, believing that “the two Cs would look well in advertising.
In 1890, a few states over, in North Carolina, another pharmacist, Caleb “Brad” Bradham, was inspired to create a fountain soda for his customers. Initially, Brad called his soda Brad’s Drink, described as being “exhilarating, invigorating, and full of pep.” Eight years later, Bradham officially registered the name of his soda as Pepsi-Cola.
Little did these two southern pharmacists know that they created sodas that would eventually become multi-billion dollar empires. In 2016, the Coca-Cola brand was worth $80.3 billion; while Pepsi-Cola was worth $19.4 billion.
For further reading: http://www.coca-colacompany.com/stories/the-chronicle-of-coca-cola-birth-of-a-refreshing-idea