The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 5 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Mauzé: LMM Consumer Investing Faces Unprecedented Competition From Funds and Strategics
“I think we're seeing more firms that are dedicated to the lower middle market consumer space than ever before. We're seeing strategics set up their own investment arms to try to participate. I think we have international buyers coming into the market.”
Mauzé: KIND Snacks Was a Sub-$20M Brand When VMG Invested
“No, I mean, it was a sub-twenty million dollar brand, it was a sub-twenty million dollar category, and I don't think any of us knew how large that category could be”
Mauzé: VMG exited 20+ brands in 10 years, almost all strategic
“So we've exited 20 plus brands over the past 10 years, and all but one has been to the strategic buyers.”
Mauzé: VMG's $325M debut fund was the largest first-time consumer fund
“We started off with a three hundred and twenty-five million dollar fund, which at the time was the largest first time ever consumer product fund. We raised that fund with no track record in our book. It took us almost two years, start to finish, to kind of go …”