About this raise: The Bad Stuff, with a pre-money valuation of $9.29 million, is raising funds on StartEngine. The company makes award-winning tequila using excellence and tradition. The tequila recipe has been perfected over 93 years in the family and is rich in flavor. Phillip Soto Mares and Darren Enenstein founded The Bad Stuff in 2015. The current crowdfunding round has a minimum raise of $9,999.50 and a maximum raise of $1,069,999.70, and the funds will be used to grow, expand, and launch new product lines. The Bad Stuff generated gross sales of $140,000 over the past twelve months and has won several awards across the country. The tequila has been featured in The Robb Report and is considered as “museum-grade.”
Investment Overview
Invested : $394,251
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 01/11/2021
- Close Date
- 04/30/2021
$10,000
$1,070,000
$197
Equity - Common
Pre-Seed
RegCF
$0.70
$8,828,700
$9,293,369
Company & Team
Company
- Year Founded
- 2015
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue +43% YoY
- $140,000
- Monthly Burn
- $9,123
-
Runway
- 7.4 months
- Gross Margin
- 46%
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Funding history
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Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.