Valuations and When to Sell

Former Barstool Sports C.E.O. and Food52 chief executive Erika Ayers Badan joins Dylan to reflect on navigating bankruptcy at Food52, a onetime $300 million company that ultimately collapsed under roughly $25 million in debt. She breaks down what went wrong, the dangers of undisciplined growth, and why diversified revenue streams matter now more than ever. She also discusses what kind of buyers might be circling, what industry peers can learn from Food52’s downturn, her take on the state of media writ large—and much more.

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