Angel investors make a difference in the lives of entrepreneurs by providing both confidence and money. Glen Kacher of Light Street Capital says his firm enables everyone to be angels. With that thought in mind, he presented his long thesis for Naked Wines at this week’s SohnX San Francisco Investment Conference.
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Background On Naked Wines
The company makes wine and sells it directly to consumers online. Kacher said Naked Wines has a unique business model that enables everyone to be angel investors. It partners with over 200 winemakers who make wine under their own brand names, creating 1,500 unique wines sold into...
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