Bartel Backs Pies' $3m Gamble on 34 year old Bartel's investment firm has committed a whopping $3 million to the fledgling food tech startup Pies, sparking both excitement and skepticism.
The move is part of a larger trend in private equity investments targeting smaller companies with high growth potential.
Understanding the Investment Move At first glance, Bartel's decision to back Pies might seem surprising. The startup has only been around for four years and hasn't yet turned a profit.