"The Advantage of Operating Experience in Investing: "My specialties were beverage and supplements. I think that helped an enormous amount. And we'll see. Man, I don't even know if I'm any good at bd. We've been doing it for two years. This is a yeah, it takes a long time to find out."

"VC Investments are Paying Off: "Within 18 months, one of our portfolio companies just had a 15x markup, another is growing 300-200% every year, and Jolie Skincare is doing unbelievable on a monthly basis."

"Metrics for Pre Revenue Success: "If you're under 20% on retention and customers order twice or more in a year, it's going to be tough for us to get interested. You have to be like a couch that's a little outside of where we would normally invest."

Valuation Compression: "We've seen valuation compression. It's definitely real, but it's not the same. We use projections to see whether or not you have a realistic understanding of how the business works, not what weight to value a company. We don't do trailing twelve months either, necessarily."

We love to have a little bit of energy, but we like that weird thing that almost nobody else is doing.

"Exploding Non-Alcoholic Category: "It's tough to say we like specific categories when we like people who are really changing the game. Point of difference wise, but not always a good example of I don't know what to say in terms of we just haven't done a deal."