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Social Proof Podcast

Meet the Investors Trying to Acquire Uncle Nearest for $108M - Social Proof Podcast

Social Proof Podcast

Social Proof Network

Business, Entrepreneurship

4.92K Ratings

🗓️ 4 February 2026

⏱️ 110 minutes

🧾️ Download transcript

Summary

A whiskey brand built on a powerful legacy grew fast and then the numbers got complicated.

This episode explores the rise of a billion-dollar spirits company, the financial pressure that followed, and the difficult decisions that come when a brand reaches this level.

You’ll hear:

• How fast growth can strain even successful companies

• What investors look for when a business enters crisis

• The difference between headlines and reality

• Why saving a company is harder than buying one

If you’re interested in business, investing, or what really happens behind big deals, this conversation delivers real insight.


Click this link for more information!


https://bigdeal2026.realjetsonlife.com



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Transcript

Click on a timestamp to play from that location

0:00.0

Paying off $108 million, that's the easy part.

0:07.0

Is it?

0:08.0

Yeah, that's the easiest part.

0:10.0

But our strategy is real simple.

0:13.0

Let's go in, let's get this done with.

0:15.0

You ask for $108 and give you $108.

0:18.0

We ain't got time to have a bidding war and a pissing contest.

0:21.6

Well, finally, let's talk about all those crazy, unconfirmed, unvetted headlines in the press

0:26.4

around Uncle Nearest and separate fact from fiction. It's revealed that a multi-million

0:31.7

dollar lawsuit has been filed against Shelbyville-based Uncle Ne and Nearest Green Distillery.

0:37.8

Defaulting on more than $100 million in loans and misusing fun.

0:42.3

Uncle Nearest, over 200 million in assets, more than twice as much as the 102 million in debt.

0:48.3

At some point, their valuation was a billion dollars.

0:51.3

When the loan was called, we had missed the equivalent of one quarterly installment.

0:56.0

One.

0:57.0

So I know what the banks want and I know what it's going to take to turn it around.

1:02.0

Contrary to false reports, bankruptcy or liquidation is not on the table.

1:06.0

Every expert working on this case has confirmed to the courts that neither is necessary nor warranted.

1:11.6

What we will undergo as an internal financial restructuring, add greater controls, and fill in some necessary leadership gaps.

1:18.6

Right now, we're doing our part to make sure this company stays black.

1:22.6

If you're starting a business, Solomon, what would you ask you a younger sell?

1:26.6

I wouldn't start a business. I would go buy a business. Solomon, what would you ask you a younger cell? I wouldn't start a business. I would go buy a

...

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