00:00Are you in the private equity world now? Do you invest in companies from time to time?
00:04Oh, God. I do. Yeah.
00:08So do you test the brands before to make sure you actually like the brand?
00:13How do you decide you're going to invest or not?
00:15Yeah, one of my first investments was when I felt like I had financial security from endorsement deals.
00:22And I was using an SPF brand called Supergoop for many years.
00:26I bought it at Sephora myself.
00:28And found the founder.
00:30They were five employees at the time and said, look, I don't need I don't need a return on investment right now.
00:38I'll use my platform. I love your product.
00:41And then seven to nine years later, they sold 75 percent of their company for 750 million.
00:47So that was like my first my first real investment in the space.
00:51And it did really well for me.
00:52And it was it was a testament to what I what I think is important investment.
00:58And correct me if I'm wrong, is like being passionate about what you're investing in, being a consumer, making sure that everyone around you is a consumer and a strong team.
01:08So recently you went on the Montclair board.
01:11Montclair, as we talked about, is a company Carlyle had invested in early on.
01:14And when you go on a board meeting now, do they say, well, she's a former athlete and don't expect her to know much about the business world?
01:21Or do they actually say, we want to hear your opinion on the business side of it?
01:25And do you you bone up on the business side and how actively are you involved in the board meetings?
01:31Yeah, I was very intimidated by the role.
01:33I was intimidated that I was asked in the first place.
01:36I knew Rama Ruffini for for several years and it's very official.
01:40It's like a U.N. meeting.
01:41You're sitting around this large.
01:43I mean, you've attended several board meetings in your life, but this is one of my first.
01:48And there's a microphone and it's translation because it's an Italian public trading company.
01:52So there's definitely like an intimidating factor to it, but they're all very collaborative.
01:57I selfishly took on the role because I felt like I could learn from a lot of people sitting in that room.
02:04And I feel like that's kind of been the trajectory of my career is even though I was passionate
02:09and so deeply involved in one thing, I stayed really open-minded and curious about other things.
02:14I let other people kind of guide my education because I didn't have a formal education.
02:19So I feel like this is the role.
02:21So if somebody's watching this and they say, I have a company that would benefit from having you on the board,
02:26are you open to going on other boards?
02:28And if you go on a board, would you want to invest in the company or you just want to be on the board?
02:33It depends on the company.
02:34I mean, you're really throwing me on the spot.
02:36What's the company?
02:36Give me an example.
02:37Well, I don't know.
02:39Let's suppose Bernard Arnault calls you up and says, LVMH needs you on the board.
02:43I guess you would probably say that might be an attractive one.
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