Chris Hollod
Chris Hollod is a venture capitalist, angel investor, and advisor in Los Angeles, and Hollod is also the co-founder and CEO of Tailwind Acquisition Corp., a $300 million public special-purpose acquisition company.[1][2][3] Hollod has completed more than 150 deals across five different investment entities, including investments in Uber, Airbnb, Houzz, Spotify, Pinterest, Duolingo, Airtable, Oscar Health, Flexport, Casper, and Warby Parker.[4][5][6]
Chris Hollod | |
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Hollod in 2016 | |
Born | Chris Hollod December 9, 1982 Georgia, U.S. |
Occupation | Venture Capitalist, Angel Investor, Advisor |
Years active | 2010–present |
Title | Co-Founder and CEO, Tailwind Acquisition Corp. |
Early life
Hollod graduated summa cum laude and Phi Beta Kappa from Vanderbilt University with a degree in economics.[7] Hollod grew up in Atlanta and ultimately moved to Los Angeles in 2009 to work for investor Ronald Burkle.[8] Prior to joining A-Grade Investments, Hollod worked in Investment Banking and Private Equity.
Career
Hollod worked with Ashton Kutcher, Guy Oseary, and Ronald Burkle as the managing partner of their venture capital fund, A-Grade Investments.[9] In 2012, A-Grade Investments raised money from David Geffen and Mark Cuban, among other investors. In March 2016, Forbes reported that A-Grade Investments turned $30m into $250m, representing almost an 8.5x investment multiple.[10]
Hollod also worked for The Yucaipa Companies for eight years and oversaw Ron Burkle's venture capital investments.[11] TechCrunch as "Burkle's right-hand man."[12] Hollod became Burkle's Traveling Chief of Staff, and the two traveled the world together for six years.[5] Hollod was first introduced to the world of venture capital by working on a deal with Puff Daddy and Mark Wahlberg, for their bottled water start-up, AQUAhydrate.[13]
Hollod is a founding partner of Inevitable Ventures with D.A. Wallach.[14] The firm works with startups in healthcare, biosciences, virtual reality, and other industries. The portfolio includes 8i, Memphis Meats, and Thrive Market.[13]
Hollod was named one of the 32 most influential investors of 2013 (outside Silicon Valley)[15] and received a Visionary Award in 2018.[13]
Hollod was a cryptocurrency trader. During a 2019 interview with Entrepreneur, he said that he originally purchased bitcoin in January 2013 for $15 a coin and eventually sold the majority of his position at the end of 2017 for $15,000 a coin, generating a 1,000x return. He said he then used the returns to day-trade other digital currencies.[16]
Fortune included Hollod in its "Meet the Uber Rich" article as an early investor in Uber[9] and the LA Times published a feature on him entitled "How I Made It: A Billionaire's Right-Hand Man."[17] He has been quoted in the Wall Street Journal,[14] Forbes,[18] Entrepreneur,[5] and LA Times as a venture capital expert,[19] and he has judged several start-up competitions including Global Startup Battle and Start-Up Weekend Los Angeles.[20] Hollod promotes brands and entrepreneurs on his Instagram page.[21] Hollod has written about using Instagram to source and diligence new investment opportunities.[22]
He is currently the founder and managing partner of Hollod Holdings, a venture capital entity that invests in consumer packaged goods in food, beverage, pet, cannabis, nutrition, alcohol, and self-care.[23] The firm invested in companies such as Recess, Dirty Lemon, JuneShine, Magic Spoon,[24] Pressed Juicery, Mud/Wtr, Elysium Health, Matchabar, Sweetgreen, and Blue Bottle Coffee.[25]
Personal
Hollod lives in Hollywood's Sunset Square neighborhood in an bungalow purchased from Glee star Lea Michele in 2015.[26] Hollod is writing a book entitled "Big Fish Big Pond," providing advice for millenials.[27] Hollod collects wine and judged the Millennial Wine Competition in 2020.[28]
References
- "Casper Sleep's CEO Krim Files for $300 Million Blank-Check IPO". Bloomberg.com. 2020-08-18. Retrieved 2020-09-06.
- Yeung, Ken (November 7, 2012). "Startup Weekend begins its 2012 Global Startup Battle, aims to build 1,200 companies in over 130 cities". The Next Web.
- "Venture Capitalist Chris Hollod on Why He is Investing in the 'Alternative Alcohol' Space". Brewbound. 2020-02-14. Retrieved 2020-04-12.
- Hudson, Subrina. "Visionary Venture Capitalist Chris Hollod Steps Out On His Own". CSQ. Retrieved January 22, 2018.
- Small, Jonathan (2019-12-27). "What The Cryptocurrency Craze Of The Past Can Teach Us About The CBD Craze Of The Present". GreenEntrepreneur. Retrieved 2020-01-08.
- SEC. "Tailwind Acquisition Corp. IPO Investment Prospectus S-1/A". SEC.report. Retrieved 2020-09-07.
- "Chris Hollod". Crunchbase. Retrieved 1 September 2014.
- "Chris Hollod On Investing With Ashton Kutcher, Guy Oseary, and Ron Burkle - socaltech.com". www.socaltech.com. Retrieved 2019-05-28.
- Griffith, Erin. "Meet the Uber Rich". fortune.com.
- "How Ashton Kutcher And Guy Oseary Built A $250 Million Portfolio With Startups Like Uber And Airbnb". Forbes.
- "Global Startup Battle". Global StartUp Battle. Archived from the original on 2015-03-24. Retrieved 2015-02-25.
- "Ashton Kutcher And Guy Oseary Launch Sound Ventures, The Successor To A-Grade Investments". Retrieved 14 March 2015.
- Hudson, Subrina. "Visionary Venture Capitalist Chris Hollod Steps Out On His Own". CSQ. Retrieved 2018-01-19.
- Kahn, Howie (23 February 2016). "Investor D.A. Wallach Aims to Make an Impact". WSJ. Magazine.
- Selby, Monica. "32 Most Influential Investors of 2013 (Outside Silicon Valley)".
- Small, Jonathan (2019-12-27). "What The Cryptocurrency Craze Of The Past Can Teach Us About The CBD Craze Of The Present". GreenEntrepreneur. Retrieved 2020-01-04.
- "How I Made It: Billionaire's right-hand man Chris Hollod on becoming a big fish in a big pond". LA Times.
- Ward, Tom. "The Influencer Marketing Trends That Are Coming In 2020". Forbes. Retrieved 2020-01-08.
- Dave, Paresh (1 February 2016). "Venture capitalists increase scrutiny on start-up deals amid stock market anxiety". Los Angeles Times.
- "Startup Weekend Los Angeles". Retrieved 1 November 2014.
- Latif, Ray (2019-04-12). "Taste Radio Insider Ep. 29: Why This Two-Second Business Pitch Is So Powerful". Taste Radio. Retrieved 2019-05-28.
- Hollod, Chris (2020-03-03). "Why This Venture Capitalist Uses Instagram To Source New Business". CSQ | Magazine, Events, Community. Retrieved 2020-04-12.
- "Chris Hollod, Founder at Hollod Holdings". The Proof. Retrieved 2019-05-28.
- "Five Months In, Magic Spoon Closes a $5.5M Round". NOSH. 2019-09-12. Retrieved 2019-10-11.
- "Christopher Hollod - Managing partner @ Hollod Holdings". Crunchbase. Retrieved 2019-02-08.
- David, Mark (2019-10-09). "Lea Michele Lists Custom-Renovated Brentwood Home". DIRT. Retrieved 2019-12-31.
- Siegel, John (2017-06-15). "Prolific VC Chris Hollod talks angel investing, rejection and the deal that got away". Built In Los Angeles. Retrieved 2017-06-28.
- "Chris Hollod – The Millennial Wine Beer & Spirits Competition". Retrieved 2020-09-11.