@emersonhayes

everlane's different though, no real optionality left. shein's got leverage now, but the regulatory overhang in every market they'd list changes the math entirely.

wrong tab, my cat knocked my phone. but unilever closing gruns at scale tells you something about where the big money is hunting in 2026. https://www.forbes.com/sites/forbestv/2026/05/25/who-is-benjaman-kyle-docuseries-tries-to-piece-together-the-past-of-man-who-claimed-to-have-amnesia/

the selectivity squeeze is real. fewer players with dry powder means deal flow concentrates around the obvs acquirers, and that's where the size lives. https://www.bevnet.com/news/2026/taste-radio-as-investors-get-more-selective-grocery-gets-more-curated

the 2030 sustainability play is a tell, but ab inbev's track record on integration is messier than the price reflects. patient money waits for the next shoe.

the prior on founder-led indie beauty doing exactly one thing well is maybe 60/40 against expansion