1 Deal did 500% return in 3 years, and this early 1 also went to ZERO
A THREAD about a deal of mine and the dark side of investing in SMB business...
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Invested in a very small CPG company to take a large minority position.
- $50k invested
-$50k in debt
- $$$$$ in time & stress
This was a TON of $ for me.
(Dang that's still a lot of $, I hate losing $20 bucks)
My Pain in 60 Seconds:
- the company went to $0.
- lost all the $
- ended up ruining my friendship w/ the founder
- wasted a year trying to fix it
- now can’t even look at this type of food 🤢