What is your liquidation preference?

Hi Kellie, Thanks for the question, we have intentionally set it up so that everyone has the same class of shares, It was important to Alex and I that all our stakeholders shared the same benefits that us as co-founders. We want this to be a vehicle that we ourselves would invest in. Therefore there are no specific liquidation preference on any shares, we will all benefit equally in the event of an acquisition. As you aware we are in the early stage of the company and this is an early stage i...

I’m trying to assess current ownership. I see the past raises. I see that Alex and Ross hold 28% each of the outstanding 1,200,000 shares. Additionally, in terms of past raises, I see what is listed. I can also see that the lead for this syndicate, Stuart, has invested $890,00...

Hi Josh, Apologies for the delay, we have had an overwhelming response to our launch which has kept us very busy. Great Question, I have posted the answers to your questions in the update section as i am sure a lot of potential investors would be interested in the answers. The link for the update is https://wefunder.com/updates/177247 or you can click on the update tab Any other questions please don't hesitate Have a Great Week Ross

I see the vague plan for growth presented here. Do you have any specific pathways to drive revenue growth that can be shared with the group?

Hi Josh, Apologies for the delay, we have had an overwhelming response to our launch which has kept us very busy. Great Question, I have posted the answers to your questions in the update section as i am sure a lot of potential investors would be interested in the answers. The link for the update is https://wefunder.com/updates/177247 or you can click on the update tab Any other questions please don't hesitate Have a Great Week Ross

I have several questions regarding your organizational structure and operations: 1. Could you provide an overview of your team size and the key areas of expertise across the organization? 2. Please clarify your company's headquarters location and how operations are managed acr...

Hi Tom, Thanks for your questions. Please see the answers below 1. Management Team : CEO, Head of Design, Head of Operations. The additional areas of expertise are Operations, Customer Service, Graphic Design/ Brand, Consultant Designer, Product Developer (Contractor), E-commerce Manager (Contractor), Finance Team (Outsourced), Head of Technical & Testing (Consultant) 2. Our Companies Operational Head Quarters are currently in the UK however we are in the process of migrating the HQ acros...

Can you please give a headline breakdown of costs and how you anticipate this increasing. I am particularly interested to know current and future FTE & Marketing costs. I see you plan on entering new markets (Spain, South Africa ,etc) through ‘ecommerce expansion’. The cur...

Hi Mark, Thanks for the question and apologies for the slight delay in getting back to you. Things are a little manic with the ramp up to Black Friday. Our cost breakdown is as follows: Cost of goods 36% of total costs, Shipping, Freight, Duties and fulfilment 17%, Marketing Costs 13%. Product Development 3% Staff and Office (software etc) 32%. We will be increasing our marketing cost in relation to revenue, it is currently 8% and this will increase to 11%. With regards to the FTE cost, we ar...

Royal Albartross Updates, Team, and Funding Progress | Wefunder, Home of the Community Round

Proven Traction: $3M revenue in 2023

$12M in lifetime revenue, more than 100,000 shoes already sold

Sold in over 300 of the most exclusive golf courses: Trump Doral, Pinehurst, Medinah and LACC...

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