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McElroy: Lifestyle brands do not fit the venture capital return model

Chris McElroy · Advice Line with Scott Tannen of Boll & Branch and Jamie Siminoff of Ring · Dec 11, 2025 · at 30:50

Chris McElroy, founder of Nocs Provisions, explains why he chose to bootstrap his outdoor optics company after a previous venture-backed startup failed.

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“That type of return on an, on a lifestyle brand, I don't think fits the VC sort of paradigm. And so with Knox it was, it's been bootstrapped this whole time.”

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More from Chris McElroy

Assertion Not checkable as stated
McElroy: Nocs Provisions reached $10M+ in revenue two consecutive years
“Last year, we crested ten million, and this year. Yeah, and this year, we, we've hit that again in some pretty intense headwinds in the outdoor industry and given tariffs, so we've got a great team.”
Chris McElroy Dec 11, 2025 ▶ 31:29 Advice Line with Scott Tannen of Boll & Branch and Jamie Siminoff of Ring
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