Acquiring Minds

Building a $350m Holdco of Farms

Dec 21, 2023
Jack McCarthy discusses his acquisition of 27 pistachio & almond farms, the appeal of farmland as an asset, using technology to farm efficiently, converting farms to organic, and the long-term nature of agriculture. They also explore the challenges in the farming industry, the impact of debt on investment, investment opportunities in agriculture, and the importance of hiring great talent and building a positive company culture.
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1
Introduction
00:00 • 3min
2
The Business of Farming
02:59 • 12min
3
Specialty Crops and HR Challenges in Agriculture
14:32 • 4min
4
Fragmentation of the Farming Industry
18:04 • 15min
5
The Impact of Debt on IRR in Long Hold Periods
32:37 • 2min
6
Investment Opportunities in Agriculture
34:24 • 8min
7
Inception and Early Stages of the Ag Tech Business
42:18 • 18min
8
Focusing on Downside Protection and Due Diligence
01:00:16 • 7min
9
Hiring Great Talent and Building a Positive Company Culture
01:07:35 • 5min
10
Addressing Climate Change and Long-Term Agricultural Sustainability
01:12:17 • 3min
11
Business Structure and Growth Potential
01:15:31 • 8min
12
Developing a Culture of Guardianship
01:23:26 • 20min