The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 12 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
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.”
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.…”
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”
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.”
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.”
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”
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…”
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.”
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.”
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.”