Alternative Investing Report - April 3, 2026

Note: We will be off next Monday, April 6 for the Easter holiday and will return to your inboxes on Tuesday, April 7.

*as of 4/2; Sources: S&P, BTC, GOLD, DJRE, 30YM

Liquid Death
Last public valuation: $1.4 billion (March 2024)

• We just took a position in Liquid Death

• The company uses tech guerilla-like marketing, and has been a master class in branding

• Their products are everywhere - Whole Foods, CVS, supermarkets, drug stores

• They increased their revenues 110x between 2019-2024

• They just introduced iced tea, sparkling juices and sodas and are outpacing everyone else in the industry

• I predict they are going to get purchased, likely by Coke or Pepsi

• I think it’s going to be a home run investment

Here’s a list of our past expert investment picks.

Anthony Scaramucci is the founder and managing partner of SkyBridge, a global alternative investment firm, and founder and chairman of SALT, a global thought leadership forum and venture studio.

Scaramucci served on President Donald J. Trump’s Presidential Transition Team Executive Committee in 2016 before serving briefly as White House Communications Director.

In the latest episode of Smart Humans, Vincent’s Slava Rubin and Sacra's Jan-Erik Asplund discussed Perplexity, the $20 billion AI search startup, and its origins, growth trajectory, market positioning, revenue streams, and competitive landscape.

🚀 Q1 sets venture record: Four of the five biggest venture rounds (OpenAI, Anthropic, xAI and Waymo) ever came in Q1, leading to a record-smashing $300 billion being raised overall, 80% of which came from the AI sector. But it’s not just the major late-stage startups benefiting, as early stage funding is up 41% year-over-year and seed funding is also up 31% year-over-year.

💵 Q1 sets M&A record: Global M&A activity hit $1.3 trillion in the first quarter, led by Sysco’s $29.1 billion acquisition of Jetro Restaurant Depot and McCormick’s $44.8 billion purchase of Unilever’s food business. However, deal values have fallen 15% year-over-year since the beginning of the Iran War, as that conflict interrupted the market’s momentum.

🦕 $5.5 million Triceratops: A 66 million year-old Triceratops skeleton nicknamed “Trey” sold for $5.5 million at Pharell Williams’ Joopiter auction house, hitting the high estimate, establishing Joopiter as a major player in the auction world.

📊 Retail sales increase: U.S. retail sales grew 0.6% in February, better than expected, but the data came largely before the Iran War, the effects of which are likely to lead to a decrease in spending.

🤖 AI leading to layoffs: 25% of all job cuts in March were due to AI, not only because AI is replacing jobs, but because companies are shifting spending towards AI and need to cut costs elsewhere. Overall, layoffs were up 25% from last month, but down significantly from last March.

🚘 Rare silver Ferrari: One of only nine silver 2004 Ferrari Enzos ever produced will be auctioned at Sotheby’s later this month, carrying an estimated price tag of $5.5 million - $6 million.

Monday: ❗Inflation fears, 📊 Consumer sentiment falls
Tuesday: 🎨 Hong Kong auctions, 🍷 All-time wine record
Wednesday: 🏡 Housing price growth, 🤖 OpenAI’s $122 billion round
Thursday: 🚀 Space data centers, 📊 Private job growth

Have a great weekend!