Ben Mathews
1.5K posts
Ben Mathews
@bentwitr
Living in the parts of the internet that make you feel old. Investing and incubating companies @NightVentures_ @nightmedia_ nyc 🌃
New York, NY Katılım Ocak 2014
128 Takip Edilen3.2K Takipçiler
Ben Mathews retweetledi
There’s a quiet $6B+ PE group in New York that is quietly buying up key parts of the CPG value chain; supply infrastructure, data + AI, and brands
Originally, Paine Schwartz started out investing upstream of the actual brands - things like ingredients, manufacturing, etc.
Recently, PS has gotten more active in the actual brands, along with data & AI - even launching its better for you F&B platform ‘BetterCo Holdings’ in November.
Recent Activity:
- Led Crisp’s Series B1 of $26M at a $600M valuation (Data + AI)
- Invested in Tom Holland’s Bero at a $100M valuation (NA Beer)
- Led Lucky Energy’s $25M Series B (energy drink)
- Acquired Promix (2024) (VMS)
PS’s BetterCo Holdings represents a vertically integrated platform of consumer brands with deep access to proprietary supply chain infrastructure, and data - and I think it's one of the more interesting / forward PE plays out there today.
Schwartz closed their latest fund Food Chain VI in 2023 with $1.7B in committed capital. They have deep pockets and will likely continue to deploy over 2026.
If you are a BFY brand operator, you should keep an eye on what they do next.
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Very interested in peptides/US manufacturing of them. Who is working on this?
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.@CathieDWood says that GDP growth will go north of 7%, inflation will go negative, and that the biggest entrepreneurial explosion in history is coming.
"Between 1500 and 1900, @wintonARK learned that real GDP growth was 0.6%. Then we had railroads, internal combustion engines, telephones, electricity, and it went to 3% for the next 125 years."
"We think it's going north of 7%, and that's conservative."
"[On] fears of unemployment - sure, there's displacement short term, but think about what's also happening: 1.3 million baby boomers are retiring every year."
"I think we're going to see the biggest entrepreneurial explosion in history."
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Alex Immerman
@aleximm
Since we launched our first @a16z Growth fund seven years ago, we’ve backed companies that are just at the point of finding product-market fit all the way through to investing at IPO, and we recently announced our latest $6.75B Growth fund to continue to do so. We now manage over over $22B across five Growth funds and believe the opportunity to partner with growth-stage companies has never been greater.
Through it all, Alex Immerman has been instrumental in what we’ve built, which is why I’m thrilled to announce that Alex is being promoted to General Partner on our Growth investing team at a16z.
Alex has been an incredible force since joining the team seven years ago, partnering with founders across consumer internet, enterprise, fintech, crypto, and AI-powered software companies — supporting them from early traction through breakout scale. In the last six months alone, Alex led our new investments in Kalshi, EliseAI, and Revolut, and has partnered with many founders in his time here, including those from Waymo, Stripe, ElevenLabs, Hebbia, Roblox, Anduril, Flock Safety, and many more.
I’ve had the pleasure of working with Alex for over a decade, dating back to our time at General Atlantic. Those who know Alex know he’s a hustler, in the best way, with great instincts. He has an endless motor, isn’t afraid to speak his mind, and is always willing to help. I’ve also enjoyed seeing Alex become a culture carrier on the Growth team and across the firm.
In his work, Alex has brought deep strategic insight and rigor to every part of the investment process. He’s built strong founder relationships grounded in trust and long-term support, and helped shape our thinking about how great companies win — whether that’s moving beyond surface metrics to durable moats or evaluating what truly drives retention in new software paradigms.
As a General Partner on Growth, Alex will continue leading investments and working closely with founders tackling some of the biggest opportunities in tech today, with an emphasis on category-defining companies at the intersection of AI, consumer, B2B, crypto, and the physical world.
Please join me in congratulating “AI.” I’m proud to call him a partner and am excited for what’s ahead.
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@scottbelsky love "proof of craft". I think it's why people resonate towards content creators (who show their work) over polished Netflix shows. Vulnerability is one of our last human fingerprints.
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JD and Max are the two best operators building right now. @NightVentures_ wrote an early stage check to back these incredible founders.
JD Ross@justindross
My last company, Opendoor ($7B), replaced real estate brokers. Today, my new company WithCoverage raised $42M to replace insurance brokers. It was led by Sequoia & Khosla, the first time @RoelofBotha and @Rabois partnered since PayPal.
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Ben Mathews retweetledi
My last company, Opendoor ($7B), replaced real estate brokers.
Today, my new company WithCoverage raised $42M to replace insurance brokers.
It was led by Sequoia & Khosla, the first time @RoelofBotha and @Rabois partnered since PayPal.
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15 months ago I met Meltem at a VCs wedding in Turkey.
A couple of weeks ago she thought we were getting dinner with an LP of ours…
She even asked for a briefing on the way.
Instead she became my fiancée.
#Engaged
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Ben Mathews retweetledi
Ben Mathews retweetledi
CEO of scaled VC backed co. recently said if he just wanted to get rich he’d raise as little as possible, find early signs of PMF in a niche and sell to the leading VC backed company in that niche.
They’re paying top dollar for this profile in their niche w/ very few options.
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