In September 2019, Food52 sold its majority stake to TCG Capital for $83 million. Valued at more than $100 million, the company plans on opening a brick-and-mortar store for their branded products in 2020, according to The Wall Street Journal.
The media and ecommerce business stands out with its terrific content, effective community engagement, and ability to monetize both, according to Mike Kerns, cofounder and partner at TCG Capital.
As a company that "never had a lot of funding
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