Jaclyn Johnson

And also, venture is not as involved in your business, depending, obviously, but usually they're pretty hands-off or maybe a little bit involved on the board, whereas private equity is very much in your business.

And also, venture is not as involved in your business, depending, obviously, but usually they're pretty hands-off or maybe a little bit involved on the board, whereas private equity is very much in your business.

And also, venture is not as involved in your business, depending, obviously, but usually they're pretty hands-off or maybe a little bit involved on the board, whereas private equity is very much in your business.

Yes, sold to private equity. It was a really interesting time. It was end of 2020, 2021. Obviously, the world was recovering, trying to figure things out. At the time, obviously, we were making a hard push into digital and into membership. And so at the time, I was like, I'm not the right CEO to run a digital media business. I'm an experiential person. I obviously love community.

Yes, sold to private equity. It was a really interesting time. It was end of 2020, 2021. Obviously, the world was recovering, trying to figure things out. At the time, obviously, we were making a hard push into digital and into membership. And so at the time, I was like, I'm not the right CEO to run a digital media business. I'm an experiential person. I obviously love community.

Yes, sold to private equity. It was a really interesting time. It was end of 2020, 2021. Obviously, the world was recovering, trying to figure things out. At the time, obviously, we were making a hard push into digital and into membership. And so at the time, I was like, I'm not the right CEO to run a digital media business. I'm an experiential person. I obviously love community.

That's where I really thrive. I also had run the business for 10 plus years. I was exhausted. I was tired. And so it was well known amongst the private equity firm and the team that I was going to step down as CEO when we found a replacement. So we found a replacement. It was amazing. She came in. She had that exact experience in the digital media world.

That's where I really thrive. I also had run the business for 10 plus years. I was exhausted. I was tired. And so it was well known amongst the private equity firm and the team that I was going to step down as CEO when we found a replacement. So we found a replacement. It was amazing. She came in. She had that exact experience in the digital media world.

That's where I really thrive. I also had run the business for 10 plus years. I was exhausted. I was tired. And so it was well known amongst the private equity firm and the team that I was going to step down as CEO when we found a replacement. So we found a replacement. It was amazing. She came in. She had that exact experience in the digital media world.

And I took a step back for probably two years and was on the board, obviously retained a little bit of equity, but really was not involved in the company, which is, as you know, it can be very bizarro. What did you do? It was really odd. It's so weird to do something for so long and then to wake up one day and not do it. It's the strangest feeling in the world.

And I took a step back for probably two years and was on the board, obviously retained a little bit of equity, but really was not involved in the company, which is, as you know, it can be very bizarro. What did you do? It was really odd. It's so weird to do something for so long and then to wake up one day and not do it. It's the strangest feeling in the world.

And I took a step back for probably two years and was on the board, obviously retained a little bit of equity, but really was not involved in the company, which is, as you know, it can be very bizarro. What did you do? It was really odd. It's so weird to do something for so long and then to wake up one day and not do it. It's the strangest feeling in the world.

But I basically I bought a house in Napa. I started gardening. I started cooking. I started getting my sommelier accreditation. I started just doing hobbies. I think what normal people do, working out, just enjoying life for a little bit. And then I got a little antsy, as you do. And so I ended up going to run a $20 million fund for a family office.

But I basically I bought a house in Napa. I started gardening. I started cooking. I started getting my sommelier accreditation. I started just doing hobbies. I think what normal people do, working out, just enjoying life for a little bit. And then I got a little antsy, as you do. And so I ended up going to run a $20 million fund for a family office.

But I basically I bought a house in Napa. I started gardening. I started cooking. I started getting my sommelier accreditation. I started just doing hobbies. I think what normal people do, working out, just enjoying life for a little bit. And then I got a little antsy, as you do. And so I ended up going to run a $20 million fund for a family office.

wait can you explain what that means yes the family office family offices are typically high net worth individuals or families that create their own essentially like little mini venture fund where they invest in different companies and oftentimes are involved or their passion projects things like that so people who want to create more wealth amongst their family they'll create a family office and so this family office was based out of chicago and they really wanted to get into the female founder space which obviously is my jam was it out of

wait can you explain what that means yes the family office family offices are typically high net worth individuals or families that create their own essentially like little mini venture fund where they invest in different companies and oftentimes are involved or their passion projects things like that so people who want to create more wealth amongst their family they'll create a family office and so this family office was based out of chicago and they really wanted to get into the female founder space which obviously is my jam was it out of

wait can you explain what that means yes the family office family offices are typically high net worth individuals or families that create their own essentially like little mini venture fund where they invest in different companies and oftentimes are involved or their passion projects things like that so people who want to create more wealth amongst their family they'll create a family office and so this family office was based out of chicago and they really wanted to get into the female founder space which obviously is my jam was it out of

So I think it was a combo of both. I think they typically had been in less sexy industries, insurance industry, blah, blah, blah, blah, and technology done extremely well. But they wanted to tap into the consumer space a little bit more.

So I think it was a combo of both. I think they typically had been in less sexy industries, insurance industry, blah, blah, blah, blah, and technology done extremely well. But they wanted to tap into the consumer space a little bit more.