Reem Hassani

5 statements across 1 episodes · 0 bullish · 0 bearish · 3 people on the record · first statement Jul 5, 2021 by Reem Hassani · across every show →

On the record as a speaker too: Reem Hassani's record, appearances and statements → this page counts the times other people say the name.

Everything said about Reem Hassani, oldest first

Jul 5, 2021
Disclosure
Reem Hassani decided to import traditional Middle Eastern dried lime tea.
“And so one of them was this dry desert lime that we drank as kids called Numi Basra, and, you know, that we'd always talked about in the family, somebody should import this tea. ... And I was like, okay, that's what I'm going to do.”
Reem Hassani Jul 5, 2021 ▶ 18:33 Numi Organic Tea: Reem Hassani and Ahmed Rahim
Jul 5, 2021 neutral
Assertion Supported
Numi Tea launched at five to ten times conventional tea bag prices.
“When Numi Organic Tea was launched in 1999 by brother and sister Ahmed Rahim and Reem Hassani, their prices were five or even 10 times higher than what people were used to paying for tea bags.”
Guy Raz Jul 5, 2021 ▶ 2:33 Numi Organic Tea: Reem Hassani and Ahmed Rahim
Jul 5, 2021
Assertion Not checkable as stated
The co-founders' father bailed out Numi using his pension plan.
“Our dad kind of bailed us out on several occasions because summers were really tight, tea season isn't until the fall, and you have to buy all your teas in the summer, so he would bail us out with his pension plan”
Reem Hassani Jul 5, 2021 ▶ 36:04 Numi Organic Tea: Reem Hassani and Ahmed Rahim
Jul 5, 2021
Assertion Not checkable as stated
Numi hit $4.5 million in revenue by year four on $2,000 salaries.
“Yeah, we were already probably north of four and a half million by year four, and we were probably taking two to 3000 a month of salary.”
Ahmed Rahim Jul 5, 2021 ▶ 47:54 Numi Organic Tea: Reem Hassani and Ahmed Rahim
Jul 5, 2021
Assertion Not checkable as stated
Numi Tea Financed Its Launch With a $250K Line of Credit on Dad's Home
“We went to our dad and asked him if he would use the leverage of his house to get a loan. So we partnered with a bank in Cleveland and he refinanced his home and he had a line of credit on his home up To X amount, but we just started with a 250,000 dollar line…”
Ahmed Rahim Jul 5, 2021 ▶ 35:21 Numi Organic Tea: Reem Hassani and Ahmed Rahim
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