Vital Farms’ blockbuster IPO proves that Wall Street has an appetite for sustainable farming by chloesorvino
, the only other publicly traded egg company, which sells the brands Egg-Land’s Best, Land O’ Lakes and Farmhouse.
O’Hayer remains the single largest shareholder, and owned 35% of stock ahead of the IPO, even after bringing in investors like Manna Tree Partners, cofounded by Gabrielle “Ellie” Rubenstein, the 32-year-old daughter of Carlyle Groupcofounder David Rubenstein. It’s an impressive feat in the food industry, known for investors buying up big stakes early on and looking for quick returns.
A lifelong entrepreneur , this is O’Hayer’s second IPO. He founded a travel bookings company that went public in 1998 and went into a friendly foreclosure after 9/11. The business wasn’t ready for the crisis.
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