To understand what's happening in global #SupplyChain we need to understand both the demand and supply sides of the marketplace.
(I don't go in for the 🧵 I'm more of a 🌩️ kinda guy) but read on for the bones of the #SupplyChainCrisis
CPG INDUSTRY DOOM SIGNAL:
Nestle’s net profit falls 31.4% !!! ⅓ of profit lost in 6 months, 16,000 ppl laid off AND the fire sale of Blue Bottle Coffee. Eeeeep. The incumbent CPG model > build brands, charge premiums, harvest margin is producing losses at scale.
The little treat economy is not a market trend. It is a symptom of a particular historical moment in which the traditional objects of desire. Homeownership, retirement security, upward mobility, the future as a real place, have become inaccessible to a large and growing cohort
Awesome for @archangel_vc to be listed in the emerging 50 fund managers list alongside the inspiring group 🙌. Looking forward to making an impact in 2023 for our founders and LPs.
..and a big thank you to @TomkeyKong for the lovely quote. 😍
@mrexits It’s special kind of insecurity. Fear rejection/longs of acceptance. The baseline for that fear is established in school years & v hard to shake.
Tech founders have ‘ugly duckling’d’ their lives -no ‘need’ for the insecurity now - since when do emotions give a fuck about needs
Cloud Supply Chain does not simply fix today's supply chain issues caused by disparate partners and tech.
It makes them obsolete.
Cloud Supply Chain offers a fully-integrated, infinitely-elastic, and consistently-optimized supply chain, delivered as a scalable utility.
There are only 5 ways to help a founder:
1. Introduce them to customers
2. Introduce them to candidates
3. Introduce them to investors
4. Give them access to your Gulfstream G700
5. Amplify their company on Twitter
All other "valued add" is just glorified therapy