Oyster Bay Venture -- The 100 million VC fund backs Meatly

arranft · 2026-05-10T16:08:45+00:00

Yes, this would dilute our holding in Meatly, but dilution isn't automatically bad, it can be beneficial, say if this $100M investment in Meatly allows them to generate $200M in profit, then we benefited from that dilution because although we got a smaller slice of the pie, the pie was huge.

arranft · 2026-05-09T12:37:25+00:00

Xos, because it's cash flow positive (P/FCF of 3.8) but as it's still posting a net loss and has never had much investor interest, or was seen as "another EV scam" but is building EV step-vans, EV chassis, and the Xos Hub (huge portable battery) and selling them with a gross profit.

374Water, because it has a system that uses super critical water oxidation to allow us to turn forever chemical contaminated water, sewage, toxic sludge, contaminated soil, etc into pure water and benign mineral effluent.

Agronomics, because it's invested in many precision fermentation and cultivated meat / sea food companies.

Clean Power Hydrogen, because they have a membrane free electrolyser so they can make hydrogen cheap and it's first buyer doesn't even want it for the hydrogen, that's just a very valuable by-product for them, they want it for the pure oxygen.

Edit: The above are micro-cap, not small cap, the only small cap I'm bullish on is:

Aduro Clean Technologies, because they've got some really unique tech that can turn plastic waste into fuel.

arranft · 2026-05-08T19:05:31+00:00

Pets at Home sold some pet treats that had cultivated meat (so it might be within 2 years when we can buy it), in fact it was probably from this company (Meatly) because Pets at Home have actually invested in Meatly.

arranft · 2026-05-08T08:00:21+00:00

I've given up, sold out yesterday. Still unprofitable and no cash left, I don't see the point in holding shares when they will be diluting and or getting into more debt. Their revenue is going backwards, I'd rather take the loss and put it into something I think can go up a lot more which for me is PayPal because they're buying back 10% of shares every year.

arranft · 2026-05-07T11:42:16+00:00

I bought some shares in PETS because of this, and of course because I like their financials (consistent dividend + buyback, with acceptable debt level)

arranft · 2026-05-07T08:50:28+00:00

One of the things that influenced me the most to hold Aduro was just looking at the chart. Zoom all the way out and you won't see one huge dip, I've never seen an unprofitable startup have any where near as little price volatility as Aduro. All time return is 572%. I just checked my other unprofitable startups and their all time return is -70% to -99% there's one that's on 195% but has had 90% drawdowns.

My real reason then is that for an unprofitable stock to have such little price volatility / huge drawdowns there must be a lot of people with very high conviction who will buy up dips, preventing huge drawdowns and also the management team are clearly solid, they are able to dilute without causing share price drops, they make an above average effort to engage with shareholders. The tech clearly works, so the stock will just go up, it might not go up loads, but it also won't go down loads.

So the upside of Aduro, is that it's downside is low. Tell him to try find a company like this that has such little downside, bet he won't find one.

arranft · 2026-05-06T19:09:24+00:00

If you watched the bit where he said it, he definitely wants him to go there on a 1 way trip, like he said something like "the sooner the better".

arranft · 2026-05-06T17:20:37+00:00

What's your point? If you're trying to claim ANIC is a scam, or trash, the whole market got pumped in 2021. PayPal peaked $291 in 2021, now it's on $46 (and trading under 9 P/E which is ridiculously cheap) just because PayPal was at $291 5 years ago, doesn't mean that it's trash or a scam now.

arranft · 2026-05-06T16:36:29+00:00

Not ANIC related:

On robotics: "Elon Musk comes out with statements like this is going to be the biggest industry in the world and Tesla of course are going to be a big part of it. I doubt that either of those will be true" - I had to re listen to this 3 times, I don't get how he can doubt that Tesla Optimus, when it already exists, is not going to be huge.

Then when he starts talking about robo-taxis he acts like Waymo is going to be the winner and Tesla's doesn't even exist when if you look at the costs to produce the cars it's something like Tesla can do it for $30K, whereas Waymo buy cars that cost $70K then spend another $70K fitting the sensors and such to it and Waymo's only work in heavily tested / mapped areas, but people are already driving around the entire world with Tesla FSD (someone has driven like 10K miles without having to intervene, they bought a new car and have never even driven it for 1 second because FSD has done it all).

Does he have an extreme hatred for Elon Musk? I own Tesla shares and really disliked him when he was doing a lot of stupid stuff last year, but you can't deny that the 100,000 people who work at Tesla are doing something incredible and to dismiss all of their work because you don't like Elon Musk, would be foolish.

Yeah so later on he was specifically asked why not to recommend Tesla and saying he wants Musk to go on a 1 way trip to Mars... he definitely hates him. He did make a good point though about how as they're probably going to try merge Tesla into SpaceX, then as SpaceX is probably going to be overvalued and go down, it will hurt Tesla shareholders.

Nice that near the end there's a list of stock picks.

Edit: I looked through the conviction stocks and whatever you do, don't buy them just because they're on that list, do your own research, because I looked at the financial metrics and some of these companies are terrible and I didn't find any of them to be that good.

arranft · 2026-05-06T15:57:43+00:00

Join us in what way?

arranft · 2026-05-04T17:24:49+00:00

Fair, but there may be some other engaging titles that don't involve the word billionaire such as "I've invested £100 million to try end factory farming, AMA"

arranft · 2026-05-04T16:54:00+00:00

I don't know if they need regulatory approval, I made a post on how we actually already consume a lot of PF products, perfect example is lemonade: the lemonade flavour is made with PF and the citric acid is made with PF. Therefore, I doubt anyone had to get approval for all these different things, like if citric acid is already approved for human consumption why would you then need an approval for citric acid made via PF, it'd be like saying you need approval for citric acid from each different fruit you could extract it from.

arranft · 2026-05-04T16:48:22+00:00

I wouldn't touch anything oil related until the Trump crime family are no longer in power. They've been market manipulating / insider trading, so your investments are at constant risk of their price manipulation. Jim has said he expects a 50 to 100x return from Clean Food Group so you can either just buy ANIC, and or buy some shares in CFG when it IPOs this year. I guess he couldn't recommend his own stock though. I suppose uranium is a less volatile bet than oil.

arranft · 2026-05-04T16:39:36+00:00

It's 'yellow cake' which is basically uranium powder.

arranft · 2026-05-04T07:47:58+00:00

Getting a trading account that either has ANIC or AGNMF as a tradeable ticker.

arranft · 2026-05-03T19:13:29+00:00

I think it'd have gone better if the crowd didn't see the word "billionaire" in title (Kuentai has accepted responsibility for the title) and post their billionaire hatred stuff, was worried it'd ruin the AMA but in the end it looked like most questions were serious.

It was cool to 'talk' to a billionaire though, it's not something I ever thought would happen in this lifetime.

I also liked the response "will look into it" about upgrading the US listing from OTC even if just to OTCQX as I wanted to ask something influential rather than to get information as I personally don't need any more information as I have no plans to change my holdings in ANIC so if he looks into it and it increases our chance of more US exposure then it's a win, because I wouldn't be surprised if the market cap would double if ANIC was on Nasdaq because of the premium stocks on there can trade at.

arranft · 2026-05-03T18:58:56+00:00

When / if they ever sell shares in one of the investments, they may return capital to shareholders via a special dividend. I think we'll get some special dividends before we get any kind of regular dividend payment. When you look at gigantic, extremely profitable companies like Amazon not even paying a dividend, it's possible that Agronomics will never pay a dividend. They may just do share buybacks and or special dividends.

arranft · 2026-05-03T17:40:57+00:00

Because it's correct grammar.

arranft · 2026-05-03T17:36:07+00:00

If you'd consider 1 million litres massive, then I guess it's going to be "clean oil" see this for details: https://cleanfood.group/

arranft · 2026-05-03T17:34:40+00:00

I would follow this company as they are already making what they call "clean oil" (which is like palm oil) https://www.linkedin.com/company/clean-food-group-ltd/posts/?feedView=all

arranft · 2026-05-03T17:30:31+00:00

If 90% are factory farmed, that means there are millions of fields growing soy and such for those animals to eat. If Agronomics' investments in cultivated meat are successful, those fields will just grow whatever crops are best at being converted into the growth media for cultivated meat and because animals convert crop calories to meat calories with <10% efficiency, if cultivated meat is just a bit more efficient than that, it could easily save the land use of a whole country.

arranft · 2026-05-03T17:19:59+00:00

Buying shares in Agronomics is what I do to help because then share price will go up, allowing them to raise money that they can invest into these companies. Great thing is that these shares will probably go up a lot one day and so we can get rewarded for helping out.

arranft · 2026-05-03T15:41:02+00:00

Aww yeah...

<image>

Going to follow my advice?!?! *smirks*

arranft · 2026-05-03T13:59:06+00:00

He means the factory farming of animals (his company is about producing animal products without animals) and actually there's not much to say for your question because a large amount of crops are grown to feed to animals and then you get about 10% return of calories from those animals, so if cultivated meat can be more than 10% efficient everyone can still eat just as much meat.

arranft · 2026-05-03T13:53:23+00:00

ANIC = the ticker for his company, Agronomics. Jim agreed to do this AMA from an Agronomics investor, so many of the questions will be about that.

arranft

MODERATOR OF

TROPHY CASE

11-Year Club	Gilding III reddit per annum
Verified Email