Adam Mintz: However, despite its poor yield, the campaign still managed to boost the fledgling company fortunes, leading to heavyweight advisors, a streamlined vision and $150,000 in seed money, according to The Toronto Star. Although we didn’t reach our goal on Kickstarter, the company garnered enough notoriety to grab the attention of people who wanted to invest in our company, said Adam Mintz, president of the company which has just launched a new line. The start-up 30-day drive last fall, undertaken to expand and promote the logo-free sportswear line, realized only $12,467 of its $30,000 goal. The business is poised to grow in a big way this year because of the new collection and the marketing activities we now have the funds to spend money on. He should probably stop saying we since the company founded in 2014 with childhood pal Charlie Friedmann is now a solo operation. We’ll be able to now go in directions we never thought possible.
(news.financializer.com). As
reported in the news.
Tagged under Adam Mintz, seed money topics.