Andrew Youderian interviews Bill D'Alessandro about the recent sale of his company, Natural Dog Company, to Food Science, a portfolio company of Morgan Stanley Capital Partners. Bill shares his journey from buying e-commerce brands to focusing solely on Natural Dog Company, and his new role as VP of Corporate Development for Food Science, where he will be acquiring more pet brands. They discuss the pros and cons of the holding company model, Bill's celebration (or lack thereof) of the sale, and his thoughts on investing a lump sum of money, including a discussion on the current market uncertainties and potential investment strategies. They also touch on the recent tariff news between China and the US, and Bill shares some unconventional investment ideas he's exploring.