We may debate if red meat is good or bad for you. There is no debate about alcohol. And yet, there is a whole conference in London about the rise of LO & NO Alcoholic beverages - register and join @ivanfarneti on the investor panel on November 17 https://t.co/6DdM8UjKDg
@fdestin@fdestin what can we learn from this? is there an equivalent success story in Europe or US? We have a few physical product companies that could explore this as a new distribution channel (thanks for sharing!)
@fdestin@sequoia Thanks @fdestin for sharing. Super complex at micro level for sure, but (to check that I got it) isn't this like a mass secondary purchase of your own funds? New LPs (above) replace all LPs in the existing funds. Longer runway happens as a default. (Genius move, btw)
this has proven to be a pretty good live stream if u're interested. i'll find another one if i can. very tense rn & the march hasn't even begun to move #Paris#protests https://t.co/c1ZBVvKu9z
@fdestin I though your statement was quite obvious in this market when the best deals seem to get pre-empted before a structured process starts. But you got some funny comments back amigo... 🤪
@fdestin@fdestin i agree with the argument as a whole. It is then the duty of Series A funds to implement it, as it creates the precedent for Series B investors. If there is 1x on the A's, there will inevitably be on the B's. If there is no 1x on the A's there still may be 1x on the B's
***BREAKING PORTFOLIO NEWS***
Cortilia raises €34m in Series C financing led by Diesel founder Renzo Rosso to further drive sustainability through its food supply chain (and becoming a B-Corp).
Well done to the @cortilia team growing 3x in one year!
https://t.co/v7ZQizpt7s
We are very excited to have friend/investor @FelixCapital to lead the €15m B round and join us in supporting @yfooddrink - one of Europe fastest growing #foodtech companies - Congrats to Ben & Noel and the team!
https://t.co/EWLEdpLtY1
PORTFOLIO NEWS: we are super excited to be investors in @JustSpices backing Florian, Ole, Bela and the team reinventing one of the oldest product categories in the world: spices. Innovation is the new chili pepper.
https://t.co/GpKEl0bqlo
28 November: @LVentureGroup Demo Day in #Rome and #Foodtech is on stage with @ivanfarneti talking about investing early, "beast-mode" founders, product obsession and higher purpose companies.