You can also listen to this episode on Spotify, Apple Podcasts and YouTube
This Episode is Brought to You by Propeller Industries.
Propeller Industries is the leading strategic finance and accounting partner for venture-stage companies. Thinking about profitability, extending your runway, and improving efficiency in your operations? Managing your company’s finances requires multiple skill sets. Propeller’s fractional model offers a dynamic solution that provides a cost-effective alternative to hiring full-time finance talent.
Hey friends,
Our guest today is Jonathan Keidan, founder of Torch Capital. Torch Capital invests in visionary founders using technology to revolutionize how consumers and businesses operate. Their portfolio includes Sweetgreen, Recess, Savage X Fenty, good Weird, and Little Otter. Previously he was a manager in the music industry – working with artists like John Legend, The Dave Matthews Band.
We discuss:
The similarities of venture and entertainment
Difference between fund 1 and fund 2
Why he shifted his focus away from brands and towards consumer infrastructure
When down rounds make sense
Analysis of this current market
Are consumer brands venture-backable
His diligence process & valuations today & more
Share this post