{"data":{"type":"company_profile","id":75930,"entity_id":"wefunder:company:75930","attributes":{"canonical_url":"https://wefunder.com/mojo.licensing","generated_at":"2026-06-15T22:37:56Z","updated_at":"2026-06-15T05:00:32Z","entity_ids":{"company":"wefunder:company:75930","slug":"wefunder:company_slug:mojo.licensing"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-15T22:37:56Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-15T05:00:32Z","as_of":"2026-06-15T22:37:56Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-15T05:00:32Z","as_of":"2026-06-15T22:37:56Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-15T22:37:56Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-15T22:37:56Z","confidence":"medium"}}},"company":{"id":75930,"entity_id":"wefunder:company:75930","slug":"mojo.licensing","name":"Mojo Licensing","tagline":"Official NFL, MLB, NBA, NHL, NCAA, and PGA Tour branded backpacks and luggage","elevator_pitch":"MOJO sells officially licensed NFL, NBA, MLB, NHL, NCAA (top 150 schools), and Team USA Olympics backpacks, luggage, duffels, pet carriers, tool bags, a signature ladies’ bag line, and travel accessories. In addition, MOJO recently obtained the PGA Tour license, which includes golf bags. The PGA Tour golf bags, as well as other select sports bags, will feature the revolutionary Shark Wheels which have been scientifically proven to outperform conventional wheels in terms of speed, longevity, and maneuverability.","story":"I’m a big sports fan and I love to travel. So I thought, “What better way to support my favorite team than by using a 49ers carry-on?” It would also make it easy to identify my bags at the airport. I leveraged the relationships I built during my first company to secure licensing rights from all the major professional sports leagues. MOJO is the official licensee for the NFL, NBA, MLB, NHL, NCAA (top 150 schools), Team USA Olympics, and PGA Tour branded backpacks and luggage. It is very difficult and expensive to obtain a full spectrum of sports licenses. In fact, we are the only company with licenses from ALL the major professional sports leagues for all bags and luggages. However, having an all-inclusive menu makes MOJO a one stop shop. Since inception in 2017, we have built out our sports licensing offerings, product line, personnel, Southern California warehouse operations, and third-party retail distribution channels. We currently sell our products through Fanatics, Amazon, Dicks, Target, Bed Bath \u0026amp; Beyond, Home Depot, and team stores. MOJO has grown sales every year; except during the pandemic when most sporting events and leisure travel were paused.Where We Are Headed…We have the biggest sports licenses. We have the products that people want. We are in all the major retailers. Now we need to add fuel to the fire by making a big investment in marketing. Up until this point, MOJO has only marketed its products through discount programs with third party retailers. However, a strategic digital marketing plan will generate consumer interest, as well as drive direct to consumer sales. Most sports fans don’t even know that they can buy an overnighter with their favorite team on it. In addition, we hope that\u0026nbsp;direct to consumer sales will expand our market reach, and more importantly, yield double the profit margins (not guaranteed).Five years from now, we want to be known as THE one stop shop for all sports bags. When someone wants to buy a Raiders backpack, we want them to immediately think of MOJO and go to mojosportsbags.com. Join Our TeamOnce the pandemic is under control, and sporting events and travel behavior resume, MOJO will be able to harness its licensing assets and launch sales. People are tired of the endless cycle of mundane weekends and video happy hours. People are tired of spending money on home improvement and groceries. People are eager to resume their former lifestyles, where vacations and sports were favorite pastimes. A targeted marketing campaign on Facebook and Instagram will create excitement and sales from people who are eager to go back to the office, travel, and school.\u0026nbsp;The hardest part of building this business has been done. We have assembled all of the biggest sports licenses: the NFL, NBA, MLB, NHL, NCAA (top 150 schools), Team USA Olympics, and PGA Tour. We compete in the $31 billion dollar travel industry and $15 billion dollar sports merchandise industry with no direct competition. We are in stock in over 7,000 different styles 100% of the time, for all teams and products, without having to maintain inventory in all styles because our products are finished in-house. We are set up to do 10x the current sales volume without a material increase in expenses due to our automated systems and electronic integration with retailers. We love the company we have built. We are proud of how far we have come in a short timeframe. We are now at an inflection point in our business, ready for explosive growth with a laser focus on marketing. By generating awareness and interest, as well as driving direct to consumer sales, we believe we can increase sales by many multiples over the next few years. We hope you will invest in our growth at this exciting time and join the MOJO team!","location":"Santa Ana, CA","website":"https://mojosportsbags.com","total_amount_raised":197208,"total_investors":252,"is_funded":true,"is_active":true,"quality_score":4,"related_urls":["https://wefunder.com/mojo.licensing","https://mojosportsbags.com"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/75930/xxl_cropped_Mojo_Football_Field_Ad_042021_1000x562.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/75930/large_cropped_Mojo_partner_league_logos.jpg","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/75930/standard_cropped_Mojo_Football_Field_Ad_042021_1000x562.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/75930/standard_cropped_Mojo_Football_Field_Ad_042021_1000x562.jpg","profile_video_url":"https://wefunder.wistia.com/medias/t1yhovo3yr"},"links":{"company_url":"https://mojosportsbags.com","facebook_url":"https://www.facebook.com/MojoLicensing/","instagram_url":"https://www.instagram.com/mojosportsbags/"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"We sell NFL, MLB, NBA, NHL, NCAA, Team USA Olympics, and PGA Tour branded backpacks and luggage."},{"index":2,"claim_id":"claim-fact-2","value":"We tap into two multi-billion $ industries: licensed sports merchandise and travel goods."},{"index":3,"claim_id":"claim-fact-3","value":"Our competitive landscape has high barriers to entry and virtually no competition."},{"index":4,"claim_id":"claim-fact-4","value":"Current distribution - Fanatics, Amazon, Target, Bed Bath, Home Goods, Home Depot, team stores"},{"index":5,"claim_id":"claim-fact-5","value":"Just signed a deal with the PGA Tour, which includes golf bags."},{"index":6,"claim_id":"claim-fact-6","value":"Recent deal with Shark Wheels to use the revolutionary wheels on golf bags and select sports bags."},{"index":7,"claim_id":"claim-fact-7","value":"Poised for explosive growth through Digital Marketing to drive consumer awareness and direct to consumer sales."},{"index":8,"claim_id":"claim-fact-8","value":"5 years from now, we want to be known as the one stop shop for ALL sports bags and luggage."}],"team":[{"id":1349712,"entity_id":"wefunder:company_role:1349712","user_entity_id":"wefunder:user:1323884","role":"founder","name":"Mario Simonson","title":"President / Founder","bio":"Mario leveraged his relationships in the sports industry to secure licenses from the NFL, NBA, MLB, NHL, and NCAA to create MOJO. Mario previously started and sold two highly successful, multi-million dollar companies.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1349712/square_cropped_Mario.jpg?1615820580","profile_url":"https://wefunder.com/mariosimonson","related_urls":["https://wefunder.com/mariosimonson"]},{"id":1384876,"entity_id":"wefunder:company_role:1384876","role":"employee","name":"Adrian Degroot","title":"CEO ","bio":"Adrian was President of NBA Properties, which included Licensing, Sponsoship, Team Services, and NBA Entertainment. Adrian oversees the strategic direction of MOJO.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1384876/square_cropped_Adrian2.jpg?1611691926","related_urls":[]},{"id":1384953,"entity_id":"wefunder:company_role:1384953","role":"employee","name":"Bonnie Bellingham","title":"Corporate Sales Manager","bio":"Bonnie has 20 years of corporate sales experience in the sports industry (NFL, NBA, MLB, and Olympics). Bonnie is responsible for bulk sales to third party retailers, businesses, organizations, and teams for MOJO.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1384953/square_cropped_Bonnie2.jpg?1616452340","related_urls":[]},{"id":1384954,"entity_id":"wefunder:company_role:1384954","role":"employee","name":"Ryan Norrie","title":"E-Commerce Director","bio":"Ryan previously spearheaded all e-commerce activities for a small online retail brand that grew into a multi-million dollar category leader over 5 years. Ryan is responsible for e-commerce sales for MOJO.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1384954/square_cropped_Ryan.jpg?1611516491","related_urls":[]},{"id":1384956,"entity_id":"wefunder:company_role:1384956","role":"employee","name":"Smiley Young","title":"Global Purchasing/Supply Chain Manager","bio":"Smiley has 16 years of experience in product development, procurement, and logistics. Smiley is reponsible for product sourcing and shipping for MOJO.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1384956/square_cropped_Smiley2.jpg?1615817685","related_urls":[]},{"id":1547588,"entity_id":"wefunder:company_role:1547588","role":"employee","name":"Fabian Christancho","title":"Warehouse Manager","bio":"Fabian has 11 years of experience in inventory, order, and warehouse management. Fabian is responsible for order fullfillment and inventory management for MOJO.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1547588/square_cropped_Fabian.jpg?1615820551","related_urls":[]}],"featured_investors":[{"id":5259,"entity_id":"wefunder:company_investor_profile:5259","investor_profile_id":238970,"investor_profile_entity_id":"wefunder:investor_profile:238970","subject_entity_id":"wefunder:user:221250","name":"Zack Fleishman","bio":"Shark Wheel is the reinvention of the wheel. As seen on Shark Tank, the Discovery Channel, etc. Scientifically proven, University tested.","avatar_url":"http://uploads.wefunder.com/uploads/user/avatar/221250/medium_cropped_Shark_Wheel_Singles.jpg","profile_url":"https://wefunder.com/zackfleishman1","investment_total":5000,"investment_info":"Invested $5,000 this round","is_lead_investor":true,"related_urls":["https://wefunder.com/zackfleishman1"]}],"investor_memos":[],"tab_counts":{"posts":0,"ask_questions":36,"featured_investors":1,"faq_entries":5},"active_fundraises":[{"id":40756,"entity_id":"wefunder:fundraise:40756","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"equity","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":299,"max_purchase":9,"funding_target":50000.0,"funding_started_at":"2021-04-29T21:38:04Z","funding_closed_at":"2021-07-24T05:01:44Z","auto_close_at":"2021-07-24T03:59:59Z"},{"id":43724,"entity_id":"wefunder:fundraise:43724","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"equity","currency":"USD","testing_the_waters":true,"min_purchase":299,"max_purchase":9,"funding_target":1000000.0,"funding_started_at":"2021-04-06T14:17:54Z"}],"latest_fundraise":{"id":40756,"entity_id":"wefunder:fundraise:40756","state":"successful","offering_type":"4(a)(6)","structure":"equity","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2021-04-29T21:38:04Z","funding_closed_at":"2021-07-24T05:01:44Z","terms":{"eb":"$8M","nb":"$10M","txt":"pre-money valuation"}},"recent_posts":[],"q_and_a":[{"id":140347,"entity_id":"wefunder:comment:140347","question":"Great presentation, a lot to like. Could you just explain the licensing a little more - what would stop a pro sports league from licensing with another company in addition to yours? Also, what ensures that the license will stay in place for a while? Do you have to meet certain sales figures for any of the licenses? Totally unrelated: Do you envision the company staying primarily with luggage and closely related products, or do you plan to investigate other licensing opportunities for other products (as your name implies), and if so would you consider investors here as in on that expansion or would you potentially spin off the luggage company? Thanks! (I am in, just deciding how much.)","author_name":"Alan Jacobson","votes":3,"created_at":"2021-04-07T21:02:01Z","canonical_url":"https://wefunder.com/mojo.licensing#question-140347","answers":[{"id":140421,"entity_id":"wefunder:comment:140421","answer":"Great questions. It is possible for another company to obtain licensing rights from one of the leagues. However, it is difficult and costly to do. First, you need to have the relationships or connections to get your foot in the door. Second, the leagues want to protect their brand, so they are selective about the companies they do business with and the number of companies they license to. We have been in the licensing world for many years and we have solid relationships with all the leagues. Third, MOJO is the ONLY company that has the NFL, NBA, MLB, NHL, NCAA, Team USA Olympics, and PGA Tour licenses for bags. Therefore, we can build our brand as the one stop shop for all sports bags. In addition, given that the popularity of certain teams and sports vary by region and season, we can have a program with national retailers. Over the years, we have built strong relationships with the leagues and renewed all of our licenses at some point. The agreements require minimum annual royalty payments. At the current time, we plan on staying primarily with backpacks, duffle, luggage, and related products. We recently expanded our product offering to include pet carriers, tool bags, and a signature ladies bag line.","author_name":"Mario Simonson","votes":1,"created_at":"2021-04-08T04:41:44Z"}]},{"id":248628,"entity_id":"wefunder:comment:248628","question":"Checking in for any updates and timing of the K1 - please let us know something","author_name":"John Chappell","votes":2,"created_at":"2023-05-30T14:46:24Z","canonical_url":"https://wefunder.com/mojo.licensing#question-248628","answers":[]},{"id":233037,"entity_id":"wefunder:comment:233037","question":"Are there any recent updates? I haven't heard anything since 2021.","author_name":"Gina M Hendershot","votes":2,"created_at":"2023-02-01T21:16:14Z","canonical_url":"https://wefunder.com/mojo.licensing#question-233037","answers":[]},{"id":140705,"entity_id":"wefunder:comment:140705","question":"I noticed on the Mojo website that the images are hard to hover over and it feels like the website could use a smoother user interface when evaluating the details and features of your bags. Have you considered leveraging ThreeKit to improve the user shopping experience on the Mojo website? https://www.threekit.com/industry/luggage","author_name":"Todd Weinstein","votes":2,"created_at":"2021-04-09T15:02:40Z","canonical_url":"https://wefunder.com/mojo.licensing#question-140705","answers":[{"id":140747,"entity_id":"wefunder:comment:140747","answer":"Wow, thank you for the suggestion Todd! We are constantly trying to improve our website and user experience so we really appreciate your feedback and suggestion. I just took a quick look at threekit. I think allowing our customers to change colors and features (different sports logos) and see how the bag would look in their own space (through augmented reality) would really enhance their shopping experience. I'm excited about what we can do to drive our brand once we complete our fundraising campaign!","author_name":"Mario Simonson","votes":1,"created_at":"2021-04-09T16:51:43Z"}]},{"id":140341,"entity_id":"wefunder:comment:140341","question":"When I look on Amazon for sports luggage, the company that comes up the most is Denco. And I noticed on many listings for Denco products, the item titles are \"Mojo Licensing ...\". What is Mojo's connection to Denco? Thank you.","author_name":"Brian Klick","votes":2,"created_at":"2021-04-07T20:46:28Z","canonical_url":"https://wefunder.com/mojo.licensing#question-140341","answers":[{"id":140422,"entity_id":"wefunder:comment:140422","answer":"MOJO Licensing owns the brand Denco.","author_name":"Mario Simonson","votes":1,"created_at":"2021-04-08T04:43:23Z"}]},{"id":260191,"entity_id":"wefunder:comment:260191","question":"@Mario Simonson - how is the Mojo company doing?","author_name":"Todd Weinstein","votes":1,"created_at":"2023-08-25T19:10:50Z","canonical_url":"https://wefunder.com/mojo.licensing#question-260191","answers":[]},{"id":249233,"entity_id":"wefunder:comment:249233","question":"Is there a Schedule K-1 for the 2022 tax year for investors?","author_name":"John Ro","votes":1,"created_at":"2023-06-04T18:49:50Z","canonical_url":"https://wefunder.com/mojo.licensing#question-249233","answers":[{"id":249313,"entity_id":"wefunder:comment:249313","answer":"Hello Joe We are working on this . We sent out a notice a few months ago that we are working to complete in June. Thank you","author_name":"Mario Simonson","votes":1,"created_at":"2023-06-05T16:21:10Z"}]},{"id":226495,"entity_id":"wefunder:comment:226495","question":"Any updates on how business is doing in the past year and a half?","author_name":"Alyssa Torres","votes":1,"created_at":"2022-11-22T18:19:03Z","canonical_url":"https://wefunder.com/mojo.licensing#question-226495","answers":[]},{"id":207465,"entity_id":"wefunder:comment:207465","question":"HELLO,I did not get my PERKS YOU FAKE PEOPLE!!!","author_name":"Stanley. Evans","votes":1,"created_at":"2022-06-06T00:38:52Z","canonical_url":"https://wefunder.com/mojo.licensing#question-207465","answers":[]},{"id":204824,"entity_id":"wefunder:comment:204824","question":"Nice","author_name":"George Simons","votes":1,"created_at":"2022-05-10T20:47:36Z","canonical_url":"https://wefunder.com/mojo.licensing#question-204824","answers":[]},{"id":173174,"entity_id":"wefunder:comment:173174","question":"Hi there. I wanted to know if you would be giving quarterly updates and if the bags for tier rewards would ship soon. Thanks!","author_name":"Brandon Poulton","votes":1,"created_at":"2021-10-07T18:02:34Z","canonical_url":"https://wefunder.com/mojo.licensing#question-173174","answers":[]},{"id":158682,"entity_id":"wefunder:comment:158682","question":"Hi Mario, are there numbers you could share for revenue (gross and net) for 2021 so far compared to 2020 and 2019, even if estimates or unaudited? Maybe that good news will provide a boost. Also, given that the amount to be raised is starting to become clear, what is a conservative estimate of runway? Thanks!","author_name":"Alan Jacobson","votes":1,"created_at":"2021-07-18T13:35:58Z","canonical_url":"https://wefunder.com/mojo.licensing#question-158682","answers":[{"id":158909,"entity_id":"wefunder:comment:158909","answer":"Hi Alan, We are up 9% from 2019 numbers already and plan to have a huge 4th quarter. basically its all about getting inventory for 4th quarter and marketing . We are now launching our PGA Tour bag also so we are very excited.","author_name":"Mario Simonson","votes":0,"created_at":"2021-07-20T14:39:10Z"}]},{"id":158390,"entity_id":"wefunder:comment:158390","question":"I would like to discuss marketing your company. I place advertisers on MNF on ESPN, college football on ESPN, print media in game books distributed at games for pro and college teams, plus tons of other media. Let's talk.","author_name":"Rick Freeman","votes":1,"created_at":"2021-07-16T02:34:17Z","canonical_url":"https://wefunder.com/mojo.licensing#question-158390","answers":[{"id":158910,"entity_id":"wefunder:comment:158910","answer":"maybe after we close our campaign, Thank you","author_name":"Mario Simonson","votes":0,"created_at":"2021-07-20T14:40:25Z"}]},{"id":152377,"entity_id":"wefunder:comment:152377","question":"MOJO is poised to be a leader in the field, so I’m curious about what will be done to ensure integrity? The products look great, but they also look fairly easy to counterfeit. What steps are being taken to prevent knock-offs from flooding the market? Thanks for your time!","author_name":"Steven Ly","votes":1,"created_at":"2021-06-03T03:57:59Z","canonical_url":"https://wefunder.com/mojo.licensing#question-152377","answers":[{"id":152426,"entity_id":"wefunder:comment:152426","answer":"Hello Steven The leagues take great steps to insure no counterfeit. We are officially licensed merchandise so all our items are labeled with the league holograms and labeling (direct from leagues) to show its official. Licensed products on websites need to be authorized first before we can sell on Fanatics or Amazon and any other retail site. Thank you","author_name":"Mario Simonson","votes":1,"created_at":"2021-06-03T15:38:36Z"}]},{"id":152253,"entity_id":"wefunder:comment:152253","question":"How do we get our perk bag?","author_name":"Kenneth Shockley","votes":1,"created_at":"2021-06-02T19:14:20Z","canonical_url":"https://wefunder.com/mojo.licensing#question-152253","answers":[{"id":152423,"entity_id":"wefunder:comment:152423","answer":"Hi Kenneth we will reach out to everyone that invested when the campaign closes and we will get all the perks taken care of immediately. Thank you for your investment","author_name":"Mario Simonson","votes":0,"created_at":"2021-06-03T15:31:09Z"}]},{"id":147743,"entity_id":"wefunder:comment:147743","question":"What is the situation with your Early Bird Terms as it just switched to \"$0 LEFT\" abruptly while the amount initially stipulated for it has not been met/reached?","author_name":"Samuel S.A","votes":1,"created_at":"2021-05-07T16:55:56Z","canonical_url":"https://wefunder.com/mojo.licensing#question-147743","answers":[{"id":147787,"entity_id":"wefunder:comment:147787","answer":"Hi there, I just heard back from WeFunder and their engineer is working on fixing this.","author_name":"Mario Simonson","votes":1,"created_at":"2021-05-07T21:28:08Z"}]},{"id":147547,"entity_id":"wefunder:comment:147547","question":"Are your licensing deals limited to bags with Wheels?","author_name":"Bacem Georges","votes":1,"created_at":"2021-05-06T16:00:03Z","canonical_url":"https://wefunder.com/mojo.licensing#question-147547","answers":[{"id":147709,"entity_id":"wefunder:comment:147709","answer":"We have many bags with wheels and non wheels including backpacks.","author_name":"Mario Simonson","votes":0,"created_at":"2021-05-07T13:57:38Z"}]},{"id":146585,"entity_id":"wefunder:comment:146585","question":"Can I get more information sent to my email address: glamsies21@gmail.com? I look forward to hearing from you soon. Please acknowledge receipt of my question to my email above. Peace and stay safe to you and yours.","author_name":"Gloria Tillery","votes":1,"created_at":"2021-05-01T01:48:05Z","canonical_url":"https://wefunder.com/mojo.licensing#question-146585","answers":[{"id":146773,"entity_id":"wefunder:comment:146773","answer":"Hi Gloria I just emailed you.","author_name":"Mario Simonson","votes":0,"created_at":"2021-05-01T22:52:45Z"}]},{"id":145417,"entity_id":"wefunder:comment:145417","question":"Why has the goal changed from $250K to $1M? When is this investment round actually going to close?","author_name":"Phillip Smith","votes":1,"created_at":"2021-04-27T18:36:28Z","canonical_url":"https://wefunder.com/mojo.licensing#question-145417","answers":[{"id":145440,"entity_id":"wefunder:comment:145440","answer":"Our fundraise goal was always $1M. Wefunder set up the initial goal to $250k to show our first milestone. Since we are almost there, the goal has been revised. We hope to hit our goal in the next month or so. We've had a very strong fundraise thus far, primarily by reaching out to our own networks. Our campaign just went public last week. Over the next few weeks, we will be tapping into Wefunder's network. Wefunder is preparing to feature MOJO in their newsletter, run social media ads for MOJO, and send out emails to its targeted audience shortly. We are excited to keep the momentum going, go MOJO!","author_name":"Mario Simonson","votes":1,"created_at":"2021-04-27T20:00:48Z"}]},{"id":145083,"entity_id":"wefunder:comment:145083","question":"Do you regularly review customer purchase comments across platforms?","author_name":"Trust Joseph","votes":1,"created_at":"2021-04-26T19:51:34Z","canonical_url":"https://wefunder.com/mojo.licensing#question-145083","answers":[{"id":145237,"entity_id":"wefunder:comment:145237","answer":"Yes, our E-Commerce Director goes over reviews to ensure that our products are well received. When we see negative feedback on certain products, we address the issues because we want to make sure we are offering high quality products. When products are purchased on our site, we follow up with a thank you email and ask for feedback. Our products also come with a one year manufacturer warranty. Good customer service is something that we are continually striving to improve.","author_name":"Mario Simonson","votes":0,"created_at":"2021-04-27T03:06:04Z"}]},{"id":142383,"entity_id":"wefunder:comment:142383","question":"Is this an offering for LLC membership units in Mojo Licensing LLC? Also, are you all currently profitable?","author_name":"Lucas Selvidge","votes":1,"created_at":"2021-04-15T23:29:36Z","canonical_url":"https://wefunder.com/mojo.licensing#question-142383","answers":[{"id":142529,"entity_id":"wefunder:comment:142529","answer":"Hi Lucas! Yes, this is an offering for non-voting, LLC membership units in MOJO Licensing, LLC. We are projecting to be profitable by the second half of 2021. In 2020, we were hit hard by both the travel and sport industries due to the Pandemic. During the paused economy, we cut costs by moving out of an expensive third-party logistics warehouse and into our own warehouse. We also consolidated our office location into our warehouse. This significantly reduced freight costs as our warehouse is 4 hours closer to the Port of Long Beach, reduced warehouse/office rental and labor costs, and streamlined our operations. Simultaneously, the paused economy is thawing with schools reopening, sports resuming, and travel picking up. Sales over the first few months of 2021 have already exceeded sales for corresponding months in 2019 (even pre-Pandemic months). In recent weeks, we have received strong Back-to-School orders from our retail partners. Given our current cost structure and upward trending sales, we are expecting to start generating a profit in the near future.","author_name":"Mario Simonson","votes":1,"created_at":"2021-04-16T20:01:04Z"}]},{"id":140480,"entity_id":"wefunder:comment:140480","question":"Not really a question, more of a suggestion. I'm not even sure this is possible with the licensing agreements, but one thing I've always wondered is why no company has allowed the consumer to make items with more than one team logo. I think there's a desire out there to be able to get products customized with two or more logos. There's tons of Packers merchandise out there, but who has a Packers and Red Sox bag?! (just an example!) It really would bring individual identities to the products as many people like two teams that may not be in the same cities (of course that would always be a possibility as well).","author_name":"Brian Klick","votes":1,"created_at":"2021-04-08T14:32:30Z","canonical_url":"https://wefunder.com/mojo.licensing#question-140480","answers":[{"id":140484,"entity_id":"wefunder:comment:140484","answer":"Hi Brian Great question We can put logos from the same league on a bag, but having different leagues is hard because you have different royalties to different leagues (ie. MLB and NFL). You would also need approval to mix teams from each league, but we are trying. I just got the NFL player rights and approval from NFL to co-brand an NFL team and college team. Therefore, we can now have the Seahawks with Russel Wilson alongside a Wisconsin Badgers logo. Thanks","author_name":"Mario Simonson","votes":2,"created_at":"2021-04-08T15:07:54Z"}]},{"id":140406,"entity_id":"wefunder:comment:140406","question":"Why did you go overseas to have the product made?","author_name":"Brenda Loeffler","votes":1,"created_at":"2021-04-08T02:43:45Z","canonical_url":"https://wefunder.com/mojo.licensing#question-140406","answers":[{"id":140483,"entity_id":"wefunder:comment:140483","answer":"We do make certain bags in the US. However, the large retailers and customers dictate the price they are willing to pay. So we are trying to show different price points and work on trying to grow our US manufacturing. We do make product in free trade countries like Cambodia.","author_name":"Mario Simonson","votes":0,"created_at":"2021-04-08T14:59:07Z"}]},{"id":140348,"entity_id":"wefunder:comment:140348","question":"What are comparable companies have exited this market this type of market? What companies and valuations would be good benchmarks for comparison? Is the goal for Mojo to be acquired?","author_name":"Todd Weinstein","votes":1,"created_at":"2021-04-07T21:06:47Z","canonical_url":"https://wefunder.com/mojo.licensing#question-140348","answers":[{"id":140425,"entity_id":"wefunder:comment:140425","answer":"There are companies that have acquired other sports licensing companies to expand their product offering or licensing rights. However, most of these acquisitions were by private companies and sales prices are not publicly disclosed. We are well positioned to grow our sales and then sell to a larger company. What makes us so unique is that we have all the major sports licenses under one company so a larger company could acquire us to obtain all our licenses.","author_name":"Mario Simonson","votes":1,"created_at":"2021-04-08T05:05:46Z"}]},{"id":140181,"entity_id":"wefunder:comment:140181","question":"What makes this different than the luggage deal sharkwheel already has in place?","author_name":"Mike Maisel","votes":1,"created_at":"2021-04-06T20:00:42Z","canonical_url":"https://wefunder.com/mojo.licensing#question-140181","answers":[{"id":140193,"entity_id":"wefunder:comment:140193","answer":"We are the bag company Shark Wheel has signed a multi-year Licensing Agreement with, allowing MOJO to use Shark Wheels on our PGA Tour Golf bags and select sports bags. Shark Wheel gets a royalty fee for every bag sold with Shark Wheels. An investment in Shark Wheel encompasses many different industries. While an investment in MOJO is hyper-focused on significant growth in the sports and travel industries. MOJO is the one stop shop for all sports bags (NFL, NBA, MLB, NHL, NCAA, Team USA Olympics, and PGA Tour). Investing in MOJO allows investors to have the upside in the lion's share of all sales. Diversifying your portfolio, with one company that offers a unique product and one company that offers recognized sports brands, has the potential to enhance the performance of your investments.","author_name":"Mario Simonson","votes":1,"created_at":"2021-04-06T21:39:22Z"}]}],"faq":[{"question":"What makes this different than the luggage deal sharkwheel already has in place?","answer":"We are the bag company Shark Wheel has signed a multi-year Licensing Agreement with, allowing MOJO to use Shark Wheels on our PGA Tour Golf bags and select sports bags. Shark Wheel gets a royalty fee for every bag sold with Shark Wheels. An investment in Shark Wheel encompasses many different industries. While an investment in MOJO is hyper-focused on significant growth in the sports and travel industries. MOJO is the one stop shop for all sports bags (NFL, NBA, MLB, NHL, NCAA, Team USA Olymp..."},{"question":"When I look on Amazon for sports luggage, the company that comes up the most is Denco. And I noticed on many listings for Denco products, the item titles are \"Mojo Licensing ...\". What is Mojo's connection to Denco? Thank you.","answer":"MOJO Licensing owns the brand Denco."},{"question":"Great presentation, a lot to like. Could you just explain the licensing a little more - what would stop a pro sports league from licensing with another company in addition to yours? Also, what ensures that the license will stay in place for a while? Do you have to meet certain...","answer":"Great questions. It is possible for another company to obtain licensing rights from one of the leagues. However, it is difficult and costly to do. First, you need to have the relationships or connections to get your foot in the door. Second, the leagues want to protect their brand, so they are selective about the companies they do business with and the number of companies they license to. We have been in the licensing world for many years and we have solid relationships with all the leagues. ..."},{"question":"What are comparable companies have exited this market this type of market? What companies and valuations would be good benchmarks for comparison? Is the goal for Mojo to be acquired?","answer":"There are companies that have acquired other sports licensing companies to expand their product offering or licensing rights. However, most of these acquisitions were by private companies and sales prices are not publicly disclosed. We are well positioned to grow our sales and then sell to a larger company. What makes us so unique is that we have all the major sports licenses under one company so a larger company could acquire us to obtain all our licenses."},{"question":"Why did you go overseas to have the product made?","answer":"We do make certain bags in the US. However, the large retailers and customers dictate the price they are willing to pay. So we are trying to show different price points and work on trying to grow our US manufacturing. We do make product in free trade countries like Cambodia."}]}}}