“DTC is 90% of our sales. Retail is 10%. … aim for 50-50 DTC retail.”
♫
Said on Unit Economics
“Take some money, get to 20 million DTC online and then go for retail and potentially do a Series A.”
Operators · How to Raise Capital for Your Brand: TJ Bongiorno (Founder Outgoing Co)
Play from 14:33
14:33
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What was described
raised capital to reach $20 M DTC sales before pursuing retail and a Series A round
$20 M DTC target
Said nearby on the same subject
“We're actually going to be doing a capital raise soon… WeFunder… friends and family round… then Republic or StartEngine.”
♫
Said on Dropping Bombs
“We raised about $300 billion from our D-SPAC, but we've raised another $3 billion capital in the last two years”
♫
Said on Run the Numbers
“We've raised capital… from introduction to giving us a cheque, have been as quick as six to seven weeks”
HC
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