Project Repat

“It's about five to seven dollars to get a new email.”

“And we plan to probably double that this year.”

“No investors wanted to give two guys who were making t-shirt quilts any investment money, and so I was back in Boston sleeping in our office, and, you know, there was about 8000 dollars left in our bank account, probably just a couple more weeks of runway”

“So beginning of August, 2012 with little money left, we were able to get Groupon to feature us and to push us national and not take a percentage because we were a social good business, and so and then we sold 2000 quilts in, in a week, and so that put a 100,00…”

“It's the same, it's, we use the same brand that North Face uses. It's called Polar Tech Fleece.”

“We got about 50,000 emails last year, and we got about 7500 customers from that.”

“No one was really buying anything else we were selling, and so we figured out a way to make an affordable t-shirt quilt, and apparently that's what the market wanted.”

“So we made about a thousand quilts a week. And so about 4000 quilts.”

“Sure, so we, so the cost is, I mean, basically each, for each quilt we're making between 35 and 45%.”

“My business partner and I run the business with one part-time employee, and then we work with textile manufacturers on a daily basis, but we contract out the work. And so we don't pay for production until after the product ships.”

“Our biggest month was November. We did about 750,000 in revenue.”

“We've been growing about two and a half X every, every year since we started, which was mid-two 1012.”

“We can make a hundred percent recycled product, so it's with all of your t-shirts, and then the fleece that we're using is, is a hundred percent recycled as well.”

“We were in a in a social good accelerator in San Francisco called Better Ventures in 2012, and we got basically raised about 25,000 dollars, but from that, ever since then, it's been bootstrapped.”

“Our goal is about seven and a half million.”

“So, so last year in, in total we spent about 750,000 dollars on Facebook.”

“He, you know, in last November, he made 750 grand by making quilts from t-shirts and he employs expats, which I mean, or sorry veterans, which is obviously great, great cause and the money, some of the money goes back to other countries.”