🐔 Wilde Brands Secures $20M

High-protein snacking is here to stay, according to Wilde Brands founder Jason Wright. 

Rumors began to swirl yesterday that all was not well at Chicago-based Foxtrot. According to a report from Snaxshot, multiple tips from insiders, including confirmation from sources with contacts at Dom’s Market, indicate that the trendy convenience store is preparing to file Chapter 7 bankruptcy. As of this morning, the grocery chain has closed many of its stores with store phone lines either disconnected or going directly to voicemail. 

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Tom Spier and Dayton Miller, managing partners of BFG Partners, a venture capital firm with investments in several high-profile and fast-growing brands, including Olipop and Graza, dive deep into investment strategy, their evaluation of fast-growing categories, how they assess gross margin in the near- and long-term lifecycle of a brand and what a polished pitch says about a founder.

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• Full details on the Foxtrot and Dom's Market closures
• Why Refresh Gum is targeting nostalgia to make gains in the BFY candy set
• Details on the first Unreasonable Food cohort with Mars

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