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Podcast: Taste Radio
Episode: Vice Is Nice. Why This VC Firm Is Pumping Millions Into 'Bad' Consumer Products.
Description: What do canned cocktails, psilocybin-infused gummies and sex tech have in common? They are all concepts that Vice Ventures has invested in. A seed-stage venture capital fund, Vice Ventures describes itself as "conquering stigmas and striving towards superior returns by investing in good companies operating in 'bad' industries." Launched in 2019 by former equities trader Catharine Dockery, Vice has drawn on its $25 million fund to make investments in 10 companies, including functional beverage brand Recess; Indose, a maker of precision-focused cannabis vaporizers; RTD espresso martini brand Deloce; and Lucy, which markets a line of "cleaner nicotine" gum. ...