Where can food industry founders turn for support in turbulent economic times? City National Bank’s Justin D’Affronte steps in as guest host and speaks with LAGO Innovation Fund managing director Kevin Park for this special edition of The Food Institute Podcast. During this time of economic turbulence, Park shares his thoughts on how founders can obtain working capital without losing control of their companies, how to right-size a food business staff, and the importance of a long-term view when it comes to company growth.
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More About Kevin Park: Kevin is the managing director at LAGO Innovation Fund, an equity and debt fund that invests in high- consumer companies. He is also the founder of Simplepitch Ventures, a venture fund and advisory firm focusing on early-stage consumer companies. Over the past ten years, Kevin has invested, been a board member, and played interim C-level roles in several early-stage consumer and services companies including Kinder’s, Pressed Juicery, Sticky’s Chicken Fingers, Bare Bones, and Crunchies Food (acquired by Nagatanien). Previously, Kevin spent four years in private equity at Marwit Capital where he focused on consumer companies including Fire Grill (43 unit Burger King franchisee) and Pure Organic (acquired by Kashi). Previously, he was an investment banker at Mesirow Financial and Robertson Stephens. He graduated with a BA from Yale University and an MBA from Stanford.
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