Last week Sebastiani-led venture fund Sonoma Brands--creator of Krave beef jerky and Smashmallow--announced an investment in Vintage Wine Estates, making it the fourth-largest shareholder in the company, putting founder Jon Sebastiani on its board of directors.Though we still don't know the dollar amount, Jon explains that he is a passive shareholder and will "participate in the overall strategy of the parent company."The investment in VWE brings Jon back into the wine industry after 13 years of building brands in other
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