My name's Brian Runnals and I'm the founder of Recur Outdoors. We started out as Postfly, which I started in my basement about six years ago. Quite honestly, it was never supposed to become a business. It was a side hustle I started because I was looking for a little bit of inspiration outside of my day job in software sales. Around that time, a lot of subscription box services like Birchbox, Harry's, and Dollar Shave Club were becoming very popular. I thought to myself, "You know what? There might be something here.” I stitched together an extremely loose-knit business plan. At the time, it was essentially a plan on a cocktail napkin. I built myself a little website on Shopify and just rock and rolled. [Read More]
Sports and Fitness
A safe is a Simple Agreement for Future Equity. An investor makes a cash investment in a company, but gets company stock at a later date, in connection with a specific event. A safe is not a debt instrument, but is intended to be an alternative to convertible notes that is beneficial for both companies and investors.
October 16, 2018
January 14, 2019
Open to Investors
If we raise: $100,000
95% Used to fund inventory PO's for Wade Rods and Pelican Reels.5% Wefunder Intermediary fees
If we raise: $1,070,000
95% will go towards accelerating our product development dramatically, build a sales team for our direct-to-guide sales, and begin to open up new verticals in the much larger $45B+ conventional fishing space.5% Wefunder Intermediary fee
Husband & proud daddy. Frmr tech sales, now building the most exciting fishing brands on the planet!
Co-founder / Head of Design
MBA grad with a knack for design and getting shit done.
First $100K investors of this fundraise will invest in a SAFE with a $7.5M valuation cap.
A SAFE gives you the right to future shares in the company. If you invest, you're betting the company will be worth more than $7.5M in the future.