NARA

17 statements across 1 episodes · 14 bullish · 0 bearish · 6 people on the record · first statement Jul 10, 2024 by Josh Muccio · said 4 times in 1 episodes since 2024 · across every show →

Mentions by year

brought up most by Georgia Grace Edwards (3), Josh Muccio (1)

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Everything said about NARA, oldest first

Jul 10, 2024 positive
Assertion Supported
Muccio: NARA signed its first licensing deal with workwear brand Libsyn
“Georgia Grace just announced Nara's first licensing deal with a workwear brand called Libsyn.”
Josh Muccio Jul 10, 2024 ▶ 32:12 "From Dorm Room to Patented Zipper Technology: A Licensing Revenue Model in the Making"
Jul 10, 2024 positive
Assertion Supported
Edwards: Solo round-the-world sailor Cole Brauer wore NARA apparel
“A woman set a world record, Cole Brower. She's the first American woman to sail the world solo, and she did it with our go there pants and our go there shorts.”
Georgia Grace Edwards Jul 10, 2024 ▶ 31:37 "From Dorm Room to Patented Zipper Technology: A Licensing Revenue Model in the Making"
Jul 10, 2024 bullish
Disclosure
Yin: Hustle Fund excludes non-software, offers personal angel check to NARA
“Hustle Fund does not invest in non-software, but I do do a number of angel investments, and I would love to do this personally as a small check. I wouldn't be able to hit your 25 K minimum, but if you would have me, I would love to invest.”
Elizabeth Yin Jul 10, 2024 ▶ 18:07 "From Dorm Room to Patented Zipper Technology: A Licensing Revenue Model in the Making"
Jul 10, 2024 neutral
Disclosure
Edwards: NARA secured over $400K in debt to fund inventory
“We have been able to secure over 400,000 dollars of debt, which we're halfway through paying off, and so that's helped cover most of our inventory costs.”
Georgia Grace Edwards Jul 10, 2024 ▶ 12:19 "From Dorm Room to Patented Zipper Technology: A Licensing Revenue Model in the Making"
Jul 10, 2024 positive
Assertion Not checkable as stated
Edwards: NARA pants yield a 74% DTC margin and 96% licensing margin
“Pants cost 43 dollars to produce. Shorts cost 37 dollars, and the estimate for leggings is 27 dollars. So for our flagship product, which is the pants, we're at a 74% D to C profit margin, a 48% wholesale retail profit margin, and in the licensing revenue stre…”
Georgia Grace Edwards Jul 10, 2024 ▶ 7:20 "From Dorm Room to Patented Zipper Technology: A Licensing Revenue Model in the Making"
Jul 10, 2024 bullish
Prediction Not checkable as stated
Hudson: DTC will take NARA farther than expected and provide licensing leverage
“And I also have a sneaking suspicion that D to C is going to take her farther than she thinks it will. And I think investing in D to C is going to be critical to keeping leverage with her licensing partners. And she might find out that she doesn't need them as…”
Charles Hudson Jul 10, 2024 ▶ 21:55 "From Dorm Room to Patented Zipper Technology: A Licensing Revenue Model in the Making"
Jul 10, 2024 neutral
Disclosure
Edwards: NARA raised $1.5M on an $11M valuation cap convertible note
“The terms that we've raised 1.5 on to date are 25 K minimum and eleven million pre money value cap.”
Georgia Grace Edwards Jul 10, 2024 ▶ 12:38 "From Dorm Room to Patented Zipper Technology: A Licensing Revenue Model in the Making"
Jul 10, 2024 bullish
Disclosure
Edwards: NARA is raising $500,000 to build a zipper licensing model
“Now we are raising half a million dollars to make the GoFly technology the Gore-Tex of zippers via a licensing revenue stream so that we can get this technology into as many applications as possible and help everyone go on the go.”
Georgia Grace Edwards Jul 10, 2024 ▶ 4:22 "From Dorm Room to Patented Zipper Technology: A Licensing Revenue Model in the Making"
Jul 10, 2024 positive
Assertion Not checkable as stated
Edwards: NARA raised $180k directly from The Pitch appearance
“In total between in the actual pitch room and mingling with people immediately after the pitch, we walked away with a 180 K.”
Georgia Grace Edwards Jul 10, 2024 ▶ 27:25 "From Dorm Room to Patented Zipper Technology: A Licensing Revenue Model in the Making"
Jul 10, 2024 bullish
Assertion Supported
Edwards: NARA garnered over 350 million views across trending social videos
“In the past 18 months, my team and I have taken this technology from the floor of my college dorm room to the floors of the largest outdoor retailers in North America, to social media virality with over three hundred and fifty million views on trending videos,…”
Georgia Grace Edwards Jul 10, 2024 ▶ 4:01 "From Dorm Room to Patented Zipper Technology: A Licensing Revenue Model in the Making"
Jul 10, 2024 bullish
Assertion Not checkable as stated
Edwards: NARA has a signed LOI with a billion-dollar brand
“We have our first signed LOI in hand from a billion dollar company that's currently Testing with their pro athlete team in ski bibs and base layers.”
Georgia Grace Edwards Jul 10, 2024 ▶ 7:43 "From Dorm Room to Patented Zipper Technology: A Licensing Revenue Model in the Making"
Jul 10, 2024 bullish
Assertion Partly supported
Edwards: NARA's GoFly technology has patents in over 30 countries
“It is covered by both design and utility patents in over 30 countries worldwide and counting.”
Georgia Grace Edwards Jul 10, 2024 ▶ 3:31 "From Dorm Room to Patented Zipper Technology: A Licensing Revenue Model in the Making"
Jul 10, 2024 positive
Assertion Not checkable as stated
Edwards: One-third of NARA customers go commando in their pants
“So comfortable that a third of our customers actually go commando.”
Georgia Grace Edwards Jul 10, 2024 ▶ 6:04 "From Dorm Room to Patented Zipper Technology: A Licensing Revenue Model in the Making"
Jul 10, 2024 bullish
Assertion Not checkable as stated
Edwards: NARA generated $1.75M lifetime revenue and under $1M in 2023
“So we've done over 18,000 units, and our lifetime revenue is about 1.75 million. Last year's revenue was just under a million, so we had over 50% growth between Twenty-twenty-two and twenty-twenty-three. We've only actually had inventory in stock for the past …”
Georgia Grace Edwards Jul 10, 2024 ▶ 6:47 "From Dorm Room to Patented Zipper Technology: A Licensing Revenue Model in the Making"
Jul 10, 2024 bullish
Disclosure
Banister: Commits $50,000 investment to NARA
“I'm in. I think I'm gonna go with 50 K.”
Cyan Banister Jul 10, 2024 ▶ 17:24 "From Dorm Room to Patented Zipper Technology: A Licensing Revenue Model in the Making"
Jul 10, 2024 neutral
Disclosure
Conwell: Policy requires founder approval on conflicts before investing
“I have a policy where I have to talk to my founders first and see if there's a conflict, so I'm going to say no for now, but I'm going to introduce you to the founder, and if he says there's not, we could have another follow-up conversation.”
Mac Conwell Jul 10, 2024 ▶ 14:37 "From Dorm Room to Patented Zipper Technology: A Licensing Revenue Model in the Making"
Jul 10, 2024 positive
Disclosure
Edwards: NARA raised $1.5M with over 50% women on its cap table
“We have raised 1.5 million dollars to date from a mix of VCs, family offices, and angels, and we have over 50% women on our cap table, which we're really proud of.”
Georgia Grace Edwards Jul 10, 2024 ▶ 11:11 "From Dorm Room to Patented Zipper Technology: A Licensing Revenue Model in the Making"
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