Bluffworks

“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.”

“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.”

“And then last year we did 2.2 million net on just the three products that described.”

“We raised 300,000 dollars in venture from our customers.”

“In 2012, I launched a single pair of pants on Kickstarter, and in 35 days, we sold over 2000 pairs.”

“I'd like to put just 50,000, My own money in, just as a vote of confidence, because I think you're gonna do this and if there's anything in my ecosystem, my own community I can sort of pull in to help you, I will, but in all honesty, but with that 50,000, I wa…”

“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,…”

“So we've only recently started investing in apparel, or what we call tangible goods at Precursor, but I have a good feeling about you. And so I'm gonna invest 50,000 dollars.”

“Michael, Nicole, and Jillian are out, and Charles, I had, we had a difficult time connecting.”

“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.”

“We're gonna go two years from here, we're gonna be thirteen million dollars in revenue.”

“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.”