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founders Greg Koch and Steve Wagner, was intended to buy small stakes in interested craft brewers, but no more than 25%. This would allow brewers to continue to operate independently without having to borrow from banks, sell to traditional venture capitalists, or sell to multinational conglomerates.
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reported that the founders of Stone
Brewing had been working on the concept for a year before making the announcement, which was made before all the details were worked out due to news that an
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On June 28, 2019, Koch confirmed "That hasn't been active for some months," Koch said. "It was an idea that never came to fruition." Koch cited the high purchase prices being offered by
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The initiative was discontinued in 2019 after reportedly being unsuccessful in matching the high purchase prices being offered by the larger beer brands.
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made it too hard for a fund of the size of True Craft to be effective. The fund was closed without making any investments.
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was a $ 100M fund announced in April 2016 with the goal of assisting independent craft brewers. The fund, announced by
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It was reported that the term "True Craft
Brewing" was trademarked by Stone Brewing Company Koch in October 2015.
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373:"Stone Brewing's "True Craft" Venture Is Officially Dead, Having Never Invested in any Breweries"
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The venture was first announced at the 2016 EG Conference held April 29, 2016 at
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230:"Venture offers craft breweries an alternative to 'selling out to Big Beer'"
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293:"Greg Koch's Answer to "Big Beer" is a New Platform Called "True Craft""
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263:"The $ 100 million question: what ever happened to True Craft?"
319:"Stone Brewing co-founder announces craft beer angel investor"
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347:"The Issue with 10 Barrel Brewing in the East Village"
194:-based 10 Barrel, was planning to open a brewpub in
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16:Fund assisting independent craft beer brewers
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345:Brigham, Anna (February 3, 2016).
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291:Furnari, Chris (April 29, 2016).
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261:Rowe, Peter (June 27, 2019).
317:Snider, Mike (May 2, 2016).
86:Craft brewery angel investor
371:Vorel, Jim (July 1, 2019).
271:The San Diego Union-Tribune
228:Rowe, Peter (May 4, 2016).
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403:Beer in the United States
398:Businesspeople in brewing
196:East Village, San Diego
113:29 April 2016
38:, as no other articles
162:Stone Brewing Company
203:Constellation Brands
351:thornstreetbrew.com
178:Carmel, California
57:for suggestions.
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235:Los Angeles Times
183:Los Angeles Times
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125:Disestablished
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62:February 2024
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354:. Retrieved
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276:November 16,
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192:Bend, Oregon
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110:Established
392:Categories
213:References
158:True Craft
117:2016-04-29
102:Key people
78:True Craft
53:; try the
40:link to it
324:USA Today
105:Greg Koch
95:Greg Koch
43:. Please
151:Inactive
83:Products
267:Pacific
180:. The
169:History
143:Private
140:Funding
130: (
115: (
91:Founder
356:May 4,
330:May 4,
302:May 4,
241:May 4,
148:Status
36:orphan
34:is an
378:Paste
207:InBev
358:2016
332:2015
304:2016
278:2020
243:2015
205:and
132:2019
128:2019
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