Everything Stefan Lobel said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Stefan Lobel Outlines Bluffworks' Plan to Reach $50 Million in Revenue
“The plan to fifty million is for us acquiring customers online only and being through bluffworks.com. There's a point where a lot of digital companies end up adding their own retail store and we've budgeted to add four stores in a couple of the out, out years,…”
Stefan Lobel Projects Bluffworks Will Reach $13 Million in Two Years
“We're gonna go two years from here, we're gonna be thirteen million dollars in revenue.”
Stefan Lobel Claims $50M Revenue E-Commerce Brands Exit for $90M
“Apparel companies can do that. You get to 50, especially all e-commerce, we can sell you for 90.”
Stefan Lobel: Bluffworks Raised $300,000 in Venture Funding From Its Customers
“We raised 300,000 dollars in venture from our customers.”
Stefan Lobel Details How Bluffworks Ultimately Closed a $1.4 Million Round
“At the end of this, through our customers, through Phil Phil's syndicate on AngelList and through other angels, we raised 1.4. We have a 100,000 dollars left in the round.”
Stefan Lobel: Bluffworks Sold 2,000 Pairs of Pants on Kickstarter
“In 2012, I launched a single pair of pants on Kickstarter, and in 35 days, we sold over 2000 pairs.”
Stefan Lobel Seeks $600,000 to Expand Travel Apparel Brand Bluffworks
“And now I'm here to raise 600,000 dollars, to bring Bluffworks to more of the world, and help men and women Make their lives big and their wardrobes small.”
Stefan Lobel: Bluffworks Generated $2.2M Net Revenue Across Three Products
“And then last year we did 2.2 million net on just the three products that described.”
Stefan Lobel: Bluffworks Blazer Costs $77 to Make and Sells for $295
“So we make that blazer even in New York for 77 dollars. Happens to be our best margin product. We move it offshore, we're gonna get into the sixties, we sell it for two 95.”
Stefan Lobel Details Bluffworks' $56 CAC and $233 Average Order Value
“Last year, we spent 49 dollars to acquire a customer. This year, we're acquiring customers at 56 dollars for an AOV at 233. You winced. Our margin leaves a 109 dollars to acquire customers and break even.”
Stefan Lobel Reveals That Pitch Investors Dropped Out After Due Diligence
“Michael, Nicole, and Jillian are out, and Charles, I had, we had a difficult time connecting.”
THE PITCHLEDGER