Portfolio Update: Winc Making Rapid Progress

We have good news on Winc, which we recommended last December. Winc is thriving. We recommended Winc because we loved its business model and traction. Winc collects data from its hundreds of thousands of customers and uses that data to make wines its customers love. Of course, its business model could not anticipate COVID-19. But COVID-19 brought key aspects of Winc’s future into the present. In May, when I talked to CEO Geoff McFarlane, he pointed…