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Podcast: The Glossy Podcast
Episode: Vanterra Capital’s Steven Himmel on growth vs. profitability: ‘At the end of the day, cash is king’
Description: Vanterra Capital was better positioned than many businesses going into 2020.“The pandemic just pushed us to double down on our thesis,” said Steven Himmel, partner at Vanterra Capital, on the latest Glossy Podcast. “Everything that we were focused on before is even more relevant today.”With its venture-specific fund, launched about two-and-a-half years ago, Vanterra invests in mission-driven consumer companies, which on the fashion side include Naadam. “A big focus for us is what we call the ESY [Investing]: [companies that are] better for the environment, better for society and better for you,” he said.<...