Neil Bloom passes on Bevz over portfolio conflict with Mercado
Neal Bloom · #120 Bevz: A Tech Bro Walks Into a Corner Store... · Mar 4, 2025 · at 6:40
Neal Bloom (Interlock Capital) explains his decision to drop out of the pitch early to founder Jason Vigo.
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“Unfortunately, I have a pretty close competitor in the space called Mercado. They're doing inventory for markets, independent grocers, and bodegas, and they've picked up on this as well, too, where they're able to digitize revenue for offline stores, and now they're seeing all this data and able to do wholesale buying. So, for now, I'm gonna sit out for the rest.”
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