December 20, 2023

SPICE CAPITAL PRESENTS: 🔥 🌶 HOT SAUCE 🌶 🔥 

Here at Spice Capital, we’re focused on making big bets in areas primed for rapid change. To do that, we believe it’s important to stay up to date with what some of the most exciting thinkers and builders are saying day-to-day as well as mixing up your content intake with some fun from the corners of the internet. We know there’s a lot of noise and the space can feel overwhelming. Don’t worry! We’re here to be the Hot Sauce in your bag so you can make sure you always keep things spicy!

1) Pitchfork, Balenciaga and the AGE OF RECUPERATION

Does dissent last? Ruby argues that both Pitchfork and Balenciaga have now found themselves influenced by their own audiences, mirroring the very things they once opposed.

Follow-Up:

2) Big Tech Revenue by Category

3) Treat TikTok Like TV

Interview with Adam Faze, CEO of Fazeworld and creator of viral TikTok shows like Clockwork Dynasty

“I think every brand is realizing in 2024 they need to turn into a media brand—in my mind, brands are the new television networks. So if you’re a brand, what shows make sense for you to have on your network?”

4) In favor of CONSUMER!!

IPO Markets have been willing to take more consumer companies public over SaaS companies. Sasha makes the case that consumer is compelling for the private markets because of…

1. profitability (that most investors don’t expect)

2. overheated cap tables (from zirp environment)

3. macro

who’s preferences will change first? the IPO market or private investors?

5) Trend Reports

State of Beverage - Snaxshot

…all of these starting to look the same.

State of Consumer - Coefficient Capital

6) Unexpected winners in Crypto this December…1inch and Solana

1inch> Uniswap (the battle of decentralized exchanges)

Solana’s low trading fees is making it the king of memecoins right now!

7) It’s prediction season! 🎁🎄

AI Predictions:

8) Costco Fandom

Dirt Article:

Acquired podcast:

9) Psychics on the Rise

My favorite observation is watching my friends who are “atheist” sign up for yoga classes, meditation apps, online therapy, “community” gatherings, tarot and psychic readings.

friends - this is just modern day religion but more expensive until someone comes in and bundles all of these services into one branded offering.

10) Got Milk?

We’ve now rotated through every type of alternative milk possible (most recently Táche Pistachio milk) and are netting back to good ole’ cow’s milk…

bonus: story of the Got Milk campaign - one of the most successful campaigns that ran over 20 years

Looking for monthly passive income?

Check out Bonside.com - they help finance fast growing brick & mortar businesses and give investors passive monthly income.

Check out their interview on Bloomberg:

(Disclaimer: I'm an angel investor in Bonside and investor on the platform!)

Looking for a new job?

Aggregating new jobs from Spice Portcos and friends here.

Nothing there? Email [email protected] your resume and what you are looking for in next role and we will try to help!