Conwell: CPG brands face a hard growth plateau around $2M to $3.5M
Mac Conwell · Will Investors Bite? Christy’s $4M Plant-Based Chip Pitch! · Aug 28, 2024 · at 17:42
Mac Conwell, managing partner at RareBreed Ventures, explains to founder Christy why he is passing on investing in Christy's Chips.
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“It can be really, really tough for a new brand to break in, but even more so, it becomes really tough for a new brand to scale. Like, I've seen companies get two million in revenue, 3.5, it starts to plateau. And then it seems like there becomes a different game to play.”
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