Good morning, In the fall of 2016 Morgan Hirsh had just raised $100,000 to start a direct-to-consumer subscription service for high-quality, minimalist-designed personal care products sold at cost with minimal name-brand markup. "We are not crazy. This is the future," Public Goods CEO Hirsh said to his co-founder, Michael Ferchak. At the time, there was nothing quite like it on the market. Little did they know, that was about to change. Read on to see how discovering they had a direct and well-funded competitor helped the founders land more cash for their company. |
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