21 Seeds

11 statements across 1 episodes · 6 bullish · 1 bearish · 1 people on the record · first statement Oct 21, 2024 by Kat Hantas · said 17 times in 2 episodes since 2024 · across every show →

Mentions by year

brought up most by Kat Hantas (10), Guy Raz (7)

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2024 17 mentions in 2 episodes 9 per episode

every mention, scene by scene, with the transcript →

Everything said about 21 Seeds, oldest first

Oct 21, 2024 positive
Disclosure
Hantas: 21 Seeds Held $4M in Funding for Only 1.5 Years Before Exit
“We didn't even keep their money for very long because the four million dollars we raised, they, we only had that money for like a year and a half, you know?”
Kat Hantas Oct 21, 2024 ▶ 1:01:00 21 Seeds: Kat Hantas
Oct 21, 2024 positive
Disclosure
Hantas: 21 Seeds launched distribution through Park Street without sales support
“We launched with Park Street. Park Street is a distributor that, you know, checks the box on the three-tier system. They are the ones who are delivering the booze to the customer, writing, you know, doing all of that. They just don't have a sales force.”
Kat Hantas Oct 21, 2024 ▶ 35:48 21 Seeds: Kat Hantas
Oct 21, 2024 positive
Insight
Hantas: Making a startup seem bigger stretches capital and accelerates growth
“Making yourself, you know, in every step of the way, kind of seem bigger than you are so that you can make the money go further, you know. And that is so hugely important and I think played a huge role in why things happen so quickly for us.”
Kat Hantas Oct 21, 2024 ▶ 1:04:08 21 Seeds: Kat Hantas
Oct 21, 2024
Disclosure
Hantas: 21 Seeds co-founders invested $100,000 in 2018 for product development
“So initially, the three of us each put in the money to just, and it was I want to say, a 100,000 dollars. We put in the 100,000 dollars for the year of 2018 to just see if we could actually bring this, you know, make this product, do the development of the act…”
Kat Hantas Oct 21, 2024 ▶ 37:23 21 Seeds: Kat Hantas
Oct 21, 2024
Insight
Hantas: Founders must actively distribute earned media to retail buyers and distributors
“People don't, they think that it just happens and that's the end of it. You have to push all of that out to all of the people.”
Kat Hantas Oct 21, 2024 ▶ 55:34 21 Seeds: Kat Hantas
Oct 21, 2024
Assertion Supported
Hantas: 21 Seeds went from retail launch to Diageo acquisition in under three years
“Like, we got on shelf in April of 2019 and we closed the deal with Diageo March of 2022.”
Kat Hantas Oct 21, 2024 ▶ 1:02:51 21 Seeds: Kat Hantas
Oct 21, 2024 positive
Assertion Not checkable as stated
Hantas: 21 Seeds Turned Profitable in 2020 Due to Reduced Travel Costs
“For 2020, we actually were profitable because it was you know, you didn't have to spend as much money on things like flying to distributors and opening a market.”
Kat Hantas Oct 21, 2024 ▶ 56:52 21 Seeds: Kat Hantas
Oct 21, 2024 bullish
Assertion Supported
Hantas: 21 Seeds Became the Market Leader in Flavored Tequila
“We were now on the leaderboard, like suddenly this little brand, 21 seeds is now suddenly the leader in flavored tequila and it's actually growing serious share.”
Kat Hantas Oct 21, 2024 ▶ 58:52 21 Seeds: Kat Hantas
Oct 21, 2024 positive
Assertion Not checkable as stated
Hantas: 21 Seeds convinced women to buy hard alcohol for home consumption
“Prior to 21 Seeds, really, women would bring wine and beer, buy that for the house, and they weren't in the business of really buying hard alcohol for the house, and we really changed that behavior.”
Kat Hantas Oct 21, 2024 ▶ 31:04 21 Seeds: Kat Hantas
Oct 21, 2024
Assertion Supported
Hantas: The 2018 tequila market ignored women and spritz drink occasions
“Cause at that time in the world of tequila, there were shots. So like, and then there was like sipping tequila, right? And the sipping tequila was really being marketed like scotches and whiskeys to a male consumer. And there was nobody talking about, you know…”
Kat Hantas Oct 21, 2024 ▶ 20:59 21 Seeds: Kat Hantas
Oct 21, 2024 negative
Disclosure
Hantas: 21 Seeds spent nearly half its initial $100K on a design agency
“I mean, I think we had only put in, at this point, a 100,000 dollars, so it was like almost, I would say almost half our budget was going to this.”
Kat Hantas Oct 21, 2024 ▶ 39:45 21 Seeds: Kat Hantas
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