Unicorn 504 – Out to Lunch – It’s New Orleans
You’ve probably heard the expression, “follow the money.” It usually refers to a method of tracking criminal activity.
In entrepreneurial circles, following the money can lead to a lot more money. Or it can lead to absolutely nothing. Knowing which entrepreneurial idea to bet on is more art than science.
Peggy Babin is CEO of a firm called Valmiki 504. It’s the New Orleans branch of a Manhattan investment company and they’re investing in local New Orleans startups.
Allison Albert is the founder of a very unique New Orleans startup, called Pet Krewe. Pet Krewe is part of the seventy-billion-dollar pet industry in the United States. And they have a slice of that market to themselves. They’re one of the only companies in the country who make costumes for cats and dogs.
The great thing about this show – and about life itself actually! – is you never know what’s going to happen. One minute you’re deciding between soup and salad, and the next you’re talking to a Manhattan investor and a person who makes costumes for pets.