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This week, the podcast team is joined by veteran entrepreneur, investor and advisor Tom First, best known as the co-founder Nantucket Nectars. First is currently an operating partner at private equity firm Castanea Partners where he focuses on opportunities in branded food and beverages. In a broad ranging discussion, First riffs on emerging trends in the beverage business, including why he sees a big future for gut health and protein and also shares his take on beverage companies that are primed to become billion dollar brands.