Will Bernat, a partner in Nutter’s Business Department and a member of the firm’s Emerging Companies and Commercial Finance practice groups, weighed in on financing deals for food and beverage companies in Nutter Insights. Will analyzed how early stage financing deals are different in the food and beverage space, why these differences exist, and the biggest takeaway for food and beverage entrepreneurs. According to Will, the breadth of deal variety stems from both the makeup of investors and the potential for a more nuanced return of investment thesis. Investors in these deals (if they aren’t friends and family) are in many cases industry insiders, such as venture arms of bigger players, distributors, co-packers, other service partners or dedicated F&B angel or venture groups.