Episode 50, the atomic number of 10 are 50 states in the United States of America.

When I turned 50, I started no joke lying about my age.

I'd ask that you love me. Don't judge me. Go, go, go!

Welcome to the 50th episode of The Prob G Show.

In today's episode, we speak with Hemantanaja,

a managing director, a General Catalyst and the Founder of the Fermi Silicon Valley

operations. We discuss with Hemant the venture capital space, his thesis around economies of

unscale, and the innovations he wants to see in the healthcare sector. All right, what's happening?

What's happening? What's the dealio? Let's take a look at the luxury brand market and start

off with the big news luxury brand giant, Elvia Mage, which stands from the White Hinesi, Louis Vuitton,

has purchased a 50% stake in Jay-Z's champagne brand, Armande Brignotte. I'm not sure if I'm

staying that correctly. By the way, something about getting older, the part of my brain where I can

have some sort of accent or pronounce something, it's just literally going away.

Anyways, or better known as the Ace of Spades for an undisclosed amount, the Wall Street Journal.

We reported that the investment is aimed at growing Jay-Z's champagne brand through Elvia

Mage's global distribution network. For the financial times, Ace of Spades sold a half a million

bottles in 2019 on a typically price between $300 to $950. Oh my gosh, okay, okay. So why is this

a good deal? It's both inclusive and maintains the exclusive and aspirational attributes of the brand.

Elvia Mage, the world's largest luxury goods company, has a third of a trillion dollar market cap,

almost big tech-like. And although annual revenue dropped by a third in 2020 to just under $6 billion,

shares have jumped roughly 20% since January 2020. The company also recently acquired Tiffany

and Co for $16 billion. Bernard Arnell, the wealthiest man in Europe, who has been leading the 75

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