Supporting Food Industry Founders in a Turbulent Economy

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This Episode is Sponsored By: City National Bank

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.

Thanks to Our Sponsor: City National Bank
Our Food & Beverage group combines financial expertise with an insider’s understanding of opportunities, challenges and trends. We get in the fields, the manufacturing plants and the warehouses to discover what our clients face, day in and day out. From processing and manufacturing to production and distribution, we’ll help provide you with the solutions and advice you need to achieve your strategic financial objectives. Because we’re more than transactions — we get out from behind the desk and into our clients’ world. For more information, visit www.cnb.com/foodandbeverage.

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