Act Three
other on 1 show · 3 statements across 1 episodes
3 statements about Act Three, every show
Act III Holdings grew from $200 million to $2 billion, returning 55%.
“And, you know, it started as a two hundred million dollar investment is now a nearly, you know, it's a two billion dollar portfolio. And it's delivered 55% returns”
Tatte generates $250 million in annual revenue across just 50 locations.
“We're also in a company called Tate, which is in, Boston and D.C. And now the New York market. It's 50 restaurants doing about five million dollars a year and two hundred fifty million.”
Act III invests in common stock alongside founders rather than preferred shares.
“Number one, we believe in founder-friendly capital. So when we go in, we hope it's the last investment capital that gets taken before an IPO. Generally we will come in as common stock. Not preferred. Same place as the management team. And we will typically tak…”