Bombas: David Heath and Randy Goldberg

How I Built This with Guy Raz

Guy Raz | Wondery

Business

4.8 • 31.1K Ratings

🗓️ 19 September 2022

⏱️ 87 minutes

🔗️ Recording | iTunes | RSS

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Summary

David Heath and Randy Goldberg saw an opportunity to disrupt a long dormant—and arguably boring sector...socks. They met at a startup in their 20s, each already had their own side hustles before they hatched a plan to launch a business together. Randy and David didn’t initially intend to get into the sock business, but in 2011, David read that socks are the most requested clothing item at homeless shelters. That led them to start a company they called Bombas based on a promise: for each pair of socks a customer bought, another would be donated to the homeless. Within about ten years, their one-for-one start-up turned into a quarter of a billion dollar business that has expanded into sweatshirts, underwear, and t-shirts.

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Transcript

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0:00.0	What is actually going on with the economy nowadays?
0:04.4	The price of gas, inflation?
0:06.5	Are we in a recession?
0:08.2	I'm Jeff Quo, co-host of NPR's Planet Money.
0:11.2	Come along with our super team of econ experts
0:14.1	as we delve into the stories that show you
0:16.2	how the world really works.
0:18.6	That's Planet Money from NPR.
0:21.8	Hey, it's Guy here with a very exciting announcement.
0:24.6	I have a brand new podcast.
0:26.7	It's called The Great Creators
0:28.5	and it launches on September 20th.
0:31.0	In each week, I'll be interviewing some of your favorite
0:33.4	actors, comedians, and musicians
0:36.0	about their lives, their work, and where they find creativity.
0:40.0	So please check out The Great Creators.
0:42.4	It's available wherever you find your podcasts
0:45.6	and please do subscribe so you won't miss any of the episodes.
0:49.4	And our first episode is with Stephen Colbert.
0:52.2	So check out The Great Creators wherever you get your podcasts
0:55.8	and we'll include a link in the show notes to this episode too.
0:59.0	Thanks.
	...

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