For a company known for soup, Campbell spent much of its recent investor day reminding people that “Sauce is boss.” The phrase centers around Rao’s, a line of jarred pasta sauces that ...
Dileep Rao is a former VC and financier. He financed 400+ ventures and real estate projects using VC, debt, and leases – 9 entrepreneurs built billion-dollar or hundred-million-dollar companies.
Rao’s saw in-market consumption growth in the high teens, while the Soup business exhibited resilience, with strong dollar consumption gains as consumers favored at-home dining. These results ...