hand of god ppt
TRANSCRIPT
Jon Staenberg
From Venture Capital to Vintner Capital
A little Background
• Education: BS, MA, MBA from Stanford University
• 20 years working with venture-backed companies, established 5 companies
• Managing partner at Staenberg Venture Partners
• Board seat at New Vine Logistic, consultant to Crushpad, City Winery, and Vino Visit
• Pursuing passion for wine & travel – Hand of God Wines
Where It All Began…
• Vacation: Trip to Argentina, 2006
• Connected with Stanford Business School alum – Santiago Achával
• From a glass of wine, to two glasses, a bottle … a new partnership!
Santiago Achával
• Founder of Achával – Ferrer Winery
• 4 of the 5 highest rated wines in Argentine history (Wine Spectator)
• Highest rated Argentine wine to date (Robert Parker)
• WS Top 100, 4 years running• Winemaker of the Year, Wine and Spirits
Magazine
The Wine Industry
• Over 16,000 wineries world-wide
• 68.2% of wine produced in Europe
• U.S. predicted to be number one wine-consuming country by 2011-2012
• Expected 8 – 12% growth in $20+ price points
• Most likely segment to consume wine on a regular basis: ages 30 – 54
Argentina Quick Facts
• The largest consumers of wine per capita in the world
• Second largest country in South America
• Opposite growing season
• 37 Million inhabitants
• 2001, “the crisis”
ICONIC
Mendoza Region
• 2-hr flight from Buenos Aires
• Dry climate & high average temperatures
• Largest of Argentina’s wine producing areas
• Over 1500 wineries in the region
• Comparisons drawn to Napa Valley
• Prized for its production of Malbec
Malbec
• Characterized by dense color, medium-to-full body, flavors of
blackberry, cherry, plums, chocolate
• First planted in Argentina in 1852
• Originally used in Cahors region of Southwestern France
• More than 70% of world’s Malbec is grown in Argentina
Hand of God Wines
• Started 5 years ago
• Located in the Uco Valley
• “Mano de Dios” – 1986 World Cup Win
• Premium vintages
• Launching July 2011