Jerry Wilmink
๐ค SpeakerAppearances Over Time
Podcast Appearances
It depends on the retailer and the distributor.
Whether it's domestic or international, obviously with some of the international deals, you have a lot more risk there.
Typically, we like to have people pay at least 30% up front on the large POs.
Then we basically collect along the way as the product goes out because it's
Like you said, there is risk.
No, it varies because each distributor, you know, each distributor, you know, we sell to a distributor at obviously not retail price.
We're probably around.
I mean, I'll look at the numbers right here.
Yeah, yeah, yeah, you guys are fun.
Yeah, no, this is, well, I mean, part of this, too, is obviously private information for investors and things, too.
That's why it's a little.
Uh, I bootstrapped initially, uh, raised a friends and family round for 1.1 million and we're closing out another 5 million now.
So we've raised a little over 5 million to date.
Uh, we did another note and then we're doing an equity raise now for 10.
And you're doing another 10 right now.
Raising another 10 now.
And that's our first big equity raise.
Okay.
You know, and part of what we're doing is since we're at, you know, the intersection of brand, fashion, retail, it's not a traditional tech play.
You know, so a lot of the groups that, you know, I've met with some of the high tier, you