Neil Freiman

Yeah, gas is a little more expensive, but people are still going out and traveling.

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You know who doesn't need a gummy to feel good right now?

Chad Janus.

I mean, this guy, so he's the founder of Groons, and this is one of the wildest CPG exits we have seen in years.

He started it as a Stanford MBA candidate, and he was just super sick of mixing powders and juices to get those supplements, kind of like you before the show.

Wow.

So he decided to create this gummy and he first hit the market in August 2023 as a direct-to-consumer gummy product.

And then he just barnstormed the entire retail landscape.

So they're already crushing it on Amazon.

And then they get into Walmart, Costco, all these other grocery stores.

Sprouts was their first biggest retail partner.

Then all of a sudden they go to Unilever and sell for $1.2 billion in less than three years.