“We're at a 1.6 million run rate, and that's bootstrap to date.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Ray Lee
AssertionNot checkable as stated
Lee: Sene maintains an online order return rate under 6 percent
“Our return rate for online orders is sub six percent.”
Ray LeeMar 3, 2025▶ 6:09#86 If the Suit Fits, Invest.
PredictionOpen · timeframe Mar 2027
Lee: Sene will reduce delivery lead times to 5-7 days
“So right now the lead time is about two and a half weeks, and then we think within two years we can get it down to about five to seven days from order to delivery.”
Ray LeeMar 3, 2025▶ 6:58#86 If the Suit Fits, Invest.
AssertionNot checkable as stated
Lee: Sene grew 60 percent month-over-month for seven consecutive months
“For the last seven consecutive months, we've been growing at 60% month over month.”
Ray LeeMar 3, 2025▶ 4:28#86 If the Suit Fits, Invest.
AssertionPartly supported
Lee: Traditional custom suit shops like Indochino do not accept returns
“Traditionally, whether it's Indochino or one of these other custom shops, you can't return the product.”
Ray LeeMar 3, 2025▶ 9:22#86 If the Suit Fits, Invest.
AssertionContradicted
Lee: Sene raised $500,000 via crowdfunding after all VCs passed
“So we raised half a million, all the VCs passed and all the angels and customers came in.”
Ray LeeMar 3, 2025▶ 22:34#86 If the Suit Fits, Invest.
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