“We sold two Denim BlueJean brands…sold our smallest company…pruning the smaller things as we uplevel the rest of the portfolio.”

Acquiring Minds · $33m Holdco: Teddy Bears to Insurance Claims

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What was described

pruned the portfolio by selling smaller businesses (two Denim BlueJean brands and a Montessori supply distributor) to focus on larger, higher-margin assets

Said nearby on the same subject

“We recruited the team that managed a mass, a much larger business. A bit like bringing in an asset manager who was managing $100 billion to go manage a billion dollar portfolio.”
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Bill Ackman
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How they work $100 billion, $1 billion Share this moment
“We would go in and we would sell to the wendy's brand… we were not going after them… part of this plan was to go smaller groups… direct selling motion”
♫
Said on Practical Founders Podcast
Why it worked Share this moment
“I decided it wasn't worth it… I chose instead to focus on my business… we refreshed our brand.”
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Emma Sebald
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Contrarian take Share this moment
“We prune in the summer, remove the top third and leave the two thirds below; this matches the evergreen growth pattern here.”
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Romero Lobo UC Small Farm Center
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