Don’t have all the answers.
CPG perfect. $15T industry few active VCs.
Step one is portfolio construction.
Every VC fund in the world does this -each has co's they want to invest in but cant
CPG with $1m-15m in revenue? Massive underserved market. And really hard to play it even though everyone wants in because very inefficient to find the companies.
More friction than public quant fund for sure, but that's not the benchmark.
Will be much more efficient than VC.
Will be hard.