Other Brands
We own interests in other brands from time to time, too.
Minority Interest & Influence
We love helping entrepreneurs. In our first two years, we made six startup investments. Two went under. One is a zombie. One had a huge exit. Another has scaled successfully. And another bought back shareholders at a small gain.
We (Daryl) likes to be the first outside investor and help founders skip a full funding round. Basically, if you’ve got a pitch deck, you’re too late for us. We want to invest in ambitious people with giant goals. We want to be a sort of cofounder. We want a 10% chance for a 100x outcome in 5 years. We have helped make multiple millionaires.
Public Companies
We don’t publish our holdings –even to partners. It’s considered proprietary. But, we tend to own a mixture of community banks, insurance companies, speciality finance and weird nano-cap make-to-order companies that we think are mispriced. This business line creates an attractive floor compared to deploying into over-priced, strategic control deals.