Red Drop

also referred to as: reddrop

12 statements across 1 episodes · 6 bullish · 1 bearish · 3 people on the record · first statement Apr 17, 2024 by Monica Williams · said 10 times in 1 episodes since 2024 · across every show →

Mentions by year

brought up most by Mac Conwell (4), Monica Williams (3), Josh Muccio (3)

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Everything said about Red Drop, oldest first

Apr 17, 2024 bullish
Prediction Not checkable as stated
Williams: RedDrop will reach $100M revenue within three years
“I have no doubt that we will be Eight figures in 18 months, and nine figures in probably 24 to 36 for sure.”
Monica Williams Apr 17, 2024 ▶ 30:07 Women-Led Startup Funding: Will Investors Bet on This $5M Bootstrapped Feminine Hygiene Brand?
Apr 17, 2024
Assertion Partly supported
Williams: 26 states require public schools to buy feminine hygiene products
“26 states are required to buy feminine hygiene for students, and so we go and do conferences and school nurses spaces where we sell to schools as well, so it's really customer acquisition for which we are paid.”
Monica Williams Apr 17, 2024 ▶ 6:22 Women-Led Startup Funding: Will Investors Bet on This $5M Bootstrapped Feminine Hygiene Brand?
Apr 17, 2024 positive
Assertion Not checkable as stated
Williams: 40% of Red Drop promotional sales come from repeat customers
“In terms of repeat customers, the best way I can answer that question for you right now is that when we have a sale event, 40% of our sales are from repeat customers.”
Monica Williams Apr 17, 2024 ▶ 8:05 Women-Led Startup Funding: Will Investors Bet on This $5M Bootstrapped Feminine Hygiene Brand?
Apr 17, 2024 negative
Assertion Not checkable as stated
Williams: Legacy teen pad brands just repackage adult size-one pads
“Well, to your point, Beck, there's, honestly, there's only one tween brand. If you go into the store, there's always Kotex and Stay Free. They have a teen brand. If you open the package, It's a size one adult pad. It doesn't fit. That isn't tween, that's teen.…”
Monica Williams Apr 17, 2024 ▶ 17:16 Women-Led Startup Funding: Will Investors Bet on This $5M Bootstrapped Feminine Hygiene Brand?
Apr 17, 2024
Disclosure
Williams: Red Drop is raising a $500,000 seed round
“I'd love to invite you to join a five, I'm sorry, 500,000 dollar seed round that we're raising for scale”
Monica Williams Apr 17, 2024 ▶ 3:24 Women-Led Startup Funding: Will Investors Bet on This $5M Bootstrapped Feminine Hygiene Brand?
Apr 17, 2024 positive
Disclosure
Hudson: Precursor passed due to conflict with feminine hygiene startup Aunt Flow
“I'm an investor in a company called Antflow that's focused just on really the B to B in school”
Charles Hudson Apr 17, 2024 ▶ 9:39 Women-Led Startup Funding: Will Investors Bet on This $5M Bootstrapped Feminine Hygiene Brand?
Apr 17, 2024
Disclosure
Williams: Red Drop markets directly to mothers to prepare tweens
“We market to moms to really get prepared and start having the conversation because what the situation I described happens in schools.”
Monica Williams Apr 17, 2024 ▶ 4:58 Women-Led Startup Funding: Will Investors Bet on This $5M Bootstrapped Feminine Hygiene Brand?
Apr 17, 2024 bullish
Disclosure
Conwell: RareBreed Ventures commits $50,000 to Red Drop
“So yes, we, we've spent a couple minutes telling you how much we think this is incredible, and what you could do with it, so I'm in I'm gonna say I'm in for 50 K, I want to be in for a lot more if I could, I would tell you I'd give you the whole 500, but I can…”
Mac Conwell Apr 17, 2024 ▶ 16:12 Women-Led Startup Funding: Will Investors Bet on This $5M Bootstrapped Feminine Hygiene Brand?
Apr 17, 2024 bullish
Assertion Not checkable as stated
Williams: Red Drop achieves 80% direct margins and 65% gross margins
“So our direct margin's at least 80%. Our gross margin is around 65% for this. For our school product, it's a little bit lower, because we pay commissions on that.”
Monica Williams Apr 17, 2024 ▶ 7:09 Women-Led Startup Funding: Will Investors Bet on This $5M Bootstrapped Feminine Hygiene Brand?
Apr 17, 2024
Assertion Not checkable as stated
Williams: Red Drop generated $5M total revenue, $3M last year
“We've generated five million dollars in revenue since our launch in 2021, three million dollars last year”
Monica Williams Apr 17, 2024 ▶ 3:14 Women-Led Startup Funding: Will Investors Bet on This $5M Bootstrapped Feminine Hygiene Brand?
Apr 17, 2024 neutral
Disclosure
Williams: Red Drop raised only $274k before first institutional check
“This is our first institutional investment ever. Like we bootstrapped... We've only raised two 74.”
Monica Williams Apr 17, 2024 ▶ 17:46 Women-Led Startup Funding: Will Investors Bet on This $5M Bootstrapped Feminine Hygiene Brand?
Apr 17, 2024 positive
Disclosure
Williams: RedDrop partners with Girl Scouts, expects fall Ulta retail launch
“We are Girl Scouts partner now for feminine hygiene, and I think we'll have our first placement in retail in the fall at Ulta.”
Monica Williams Apr 17, 2024 ▶ 32:15 Women-Led Startup Funding: Will Investors Bet on This $5M Bootstrapped Feminine Hygiene Brand?
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