The NOSH Podcast: What Wins Over Investors – Growth or CapEx?
Episode 26
Nosh Staff
In this episode:
On this week’s show, NOSH editor Carol Ortenberg sits down with President and CEO of Lesser Evil Snacks, Charles Coristine, to discuss how the brand approached raising funds as the fed lifted interest rates, what areas of the business he prioritizes during times of economic uncertainty and why he expects the current operating environment to begin looking a little less bleak.
Show Highlights:
01:25: Charles breaks down the snack brand’s fundraising history while providing some insight on what areas of the business he focused on during its respective life stages and how he approaches raising primary and secondary capital for CapEx.
07:02: The conversation shifts as Carol and Charles discuss the operational changes he made to the business and how that impacted investor perspectives.
16:03: Charles shares his advice on assessing and determining your business’ valuation and how staying close to the mark can help the brand draw in return investment.
20:57: To close out the conversation, Carol and Charles chat about why you should root your budget in uncertainty rather than lofty aspirations and how he finds joy in the capital raise process once the dust has settled.
“As we focus on operational excellence, the nature of the brand is changing. A lot of what made us super successful at the beginning, isn’t what investors want us to focus on [now].”
– Charles Coristine, Lesser Evil President and CEO
About the NOSH Podcast
The staff of NOSH.com takes listeners inside the business of natural, organic, sustainable and healthy food during the NOSH Podcast. Using interviews and discussion, the team illuminates the news, brands, people, trends, and money affecting the world of packaged food.
New episodes are released every week. Send us comments and suggestions anytime to podcast@nosh.com.
Show Highlights:
On this week’s show Charles Coristine, president and CEO of Lesser Evil Snacks, discusses how the brand approached raising funds as the fed lifted interest rates and what areas of the business he prioritizes during economic uncertainty.
About CPG Week
CPG Week is the podcast that explores the latest happenings in the consumer packaged goods industry. Join our seasoned reporting team as they dish out the week’s stories in quick, easy-to-digest episodes. Catch up on the top headlines of the week, dive into exclusive insights with the BevNET and Nosh teams, and set yourself up to make more informed business decisions. Tune in to stay up-to-date on the latest developments in the dynamic world of packaged food and beverage.
New episodes are released every week. Send us comments and suggestions anytime to cpgweek@nosh.com.
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