Grandex

“For the first three and a half years, we ran the business profitably.”

“I put in my two weeks notice at my job, my full-time job, 10 days after my first kid was born. So at a 10 day old and I quit my job with solid salary and stable benefits to dive full time into a frat blog that, you know, who knew where that was going to go.”

“In 15, we were around ten million.”

“On beginning of April, we are releasing our first feature length, length film called Temps, which is done kind of under the Postgrad Problems brand.”

“So most of the revenue actually comes from Rowdy Gentleman sale, Rowdy Gentleman products.”

“Of brick and mortar retail partners, about 450 individual doors carry the product in their stores.”

“We ended up raising about 2.3 million over, it was a long drawn out process. It was kind of like running around, like closing people over, over like maybe 12, 12 months.”

“It was, we raised it at a twenty million dollar pre-money valuation.”

“So June, 2010, a buddy of mine that I went to school with and was fraternity brothers with and roommates with, we were both about three years out of school. He hit me up with the idea for TFM, which was just a very simple one-liner comedy website where we trie…”

“And that really worked well. And it was something that we understood and felt like we had a lot more control over than Battling the extremely competitive and complex world of digital advertising. So we really gravitated towards merchandise and e-commerce and m…”

“And we hit a point where we had, I want to say, I think like 2000 dollars a month coming in through ad revenue. But I mean, our expenses were basically non-existent. We had like a 150 dollar a year hosting package.”