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Bump Talks Craft Valuations, Collaborations, Taprooms and More

Dear Client:It was the best of times, if was the worst of times. Dickens couldn't have said it better. In the second installment of our interview series with consultant Bump Williams, we explore craft brewer valuations, investments, collaborations, taprooms and more.HARRY SCHUHMACHER: What are you seeing on craft brewery valuations?BUMP WILLIAMS: When we do the valuations, we tend to come in with a number that says 'hey, you're not worth what you think you are, you're worth 20% less, because

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