Sandwich, known for its commercials, looks to help younger startups in exchange for equity

Sandwich, an LA-based, 17-person outfit, has produced many commercials on behalf of tech companies over its 14-year history, including Square, Slack and Figma. Sometimes, it has taken equity in exchange for some of its work, too. For example, nine years ago, Sandwich founder Adam Lisagor starred in an ad that Sandwich made for a then-nascent Robinhood. The concept centered around an ’80s-style Wall Street office; the equity in the brokerage outfit would later prove Sandwich’s biggest exit to date.
More so-called liquidity events could be coming. Lisagor says Sandwich has amassed 60

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