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November 26, 2025
Ep.
223
52:24
MIN

How Diageo’s Joint Venture will transform Ciroc & Lobos 1707 - Nick Tran

Nick Tran
/
President & CMO
/
First Round

Nick Tran, is the CMO and President of First Round, leading Diageo’s new joint venture with Main Street Advisors to oversee two of the world’s most culturally driven spirits brands: Ciroc and Lobos 1707. Nick shares how he’s approaching brand reinvention vs continuation, why product innovation and cultural relevance are key, and what goes into long-term brand growth. We also touch on the future of social media, AI’s role in marketing, and what it takes to build a truly modern CMO career.

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Creators and guests

Jon Evans
Host

Jon Evans

Host of Uncensored CMO
Guest

Nick Tran

President & CMO
at
First Round
Guest

at
Guest

at

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Timestamps

00:00 - Intro

00:36 - How the Diageo and Main Street Advisors partnership happened?

02:49 - The long term view for Ciroc and Lobos 1707

06:10 - The plan for Ciroc

08:57 - Reinvention vs continuation when transforming a brand

11:31 - Focusing on product innovation and serve for Ciroc and Lobos 1707

14:14 - Is alcohol drinking trending down?

19:00 - How do you become culturally relevant?

22:07 - Using the Liquid Death challenger mindset

24:08 - The role of celebrities and influencers for drinks brands

27:16 - Why Nick is investing in his personal brand

31:53 - What does it take to become a successful CMO?

37:04 - How Nick invests in other companies

41:59 - Nick Tran’s thoughts on AI

45:47 - Have we reached peak social media?

50:39 - Bonus Question