Kate Flynn cites RXBAR's rapid revenue growth trajectory as a category benchmark while pitching Sun and Swell Foods on The Pitch.
Assertion Not checkable as stated
Flynn: Charles Hudson ghosted Sun and Swell after committing to invest
“Yeah, I tried to reach out to him a couple times and I just, I never heard back.”
Disclosure
Flynn: Sun and Swell will focus on corporate offices next year
“It's definitely not our strategy in the near term but this year we've started going after the corporate offices and that's gonna be our main focus of growth over, like, the next 12 months.”
Insight
Flynn: Founders should stop chasing unresponsive, unenthusiastic investors
“I want them to be excited about working with us and excited about our company, and after I've sent several emails, I just feel like if, you know, if he's excited about the company, then he'll, he'll remember to reach back out, but I just didn't want to be push…”
Assertion Not checkable as stated
Kate Flynn: Sun and Swell has 45% margins on 90-cent COGS
“So our COGS are 90 cents and our average selling price is a dollar 60. So we have about 45% margin right now.”
Assertion Supported
Flynn: Oatly built 70% of its business in coffee shops
“So like a great current example of one is Oatly. If you guys have heard of Oatly, like they're a coffee shop brand, and that's like 70% of their business. And after Establishing the brand there, then they started to roll out in the grocery.”
Assertion Not checkable as stated
Flynn: Sun and Swell knocked on 400 doors to launch sales
“He actually did sales and sales operations in the tech space, but we knocked on 400 doors. And everybody asks us how we did it. We're like, it's no secret sauce. It was just knocking on doors, which nobody wants to do.”