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Edward
I like the concept and I agree with how confusing it can be in selecting wines. I want to piggyback on Timothy's question. I'm curious about how difficult you think it will be to break the typical consumer's mentality about shopping for wine. I think ...
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NextSeed

Thanks so much for the thoughtful questions!! Here are our responses…

Question 1) We chose our store location because of its proximity to The Domain shopping center, its easy directions from the highway, and its high traffic volumes—Burn ...

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Andrew
Can you raise licensing revenue by offering the proprietary app to similar shops elsewhere in the country, or even overseas? It also seems the algorithms could be adapted to upscale/imported beer and possibly licensed even further afield.
NextSeed
Hi Andrew, Reimagining The Thing Formerly Known As The Box LLC is an independently owned and operated company that is licensing the proprietary recommendation engine and Utopian Shift Branding from Utopian Shift LLC. As such, we won’t realize any add ...
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Paul
aah yes, The TABC. Austin is not the best city to live in. Do not move here ;) I like what you were thinking of. Looking to forward to an alternative to the two big box wine stores in town.
Timothy
What is the plan to ensure customers continue to use your shop for their wine needs? I can envision that they might use your web app to narrow the choices down, buy the first bottle at your shop, and then comparison shop at other stores in the futu ...
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NextSeed
Hi Timothy, we want people to come into work and say,

“I just had the best night last night!”

“What did you do?”

“I had dinner with my family”

“And…”

“It was magical! Great food, delicious wine and sharing time with m ...

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Paul
I noticed that there aren't any perks for investing at different levels. This is the first offering I've seen on any of the crowdfunding platforms that doesn't have perks.
NextSeed
Hi Paul, we originally planned to offer the following as rewards:

Invest $512 or more…

Earlier this year, Austin was ranked as the best city in the U.S. in which to live. To honor that achievement, anyone investing Austin's famous area ...

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Terence
Are the 5 partners in Reimagining the Thing LLC the same ones as the ones receiving the 10%+8% royalty payment in Utopian LLC? Also, are there plans to use the app to launch an e-commerce platform, and if so, will that be under Reimagining the Thing ...
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NextSeed
Hi Terence, Utopian Shift LLC developed the recommendation engine and branding that’s licensed by Reimagining The Thing Formerly Known As The Box LLC. The 10%+8% royalty payments will be used to both support Utopian Shift LLC operations required to ...
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Juan
Let me start off by saying what a great concept. I have one question which is what is the total projected cost to open up shop? Is the capital that is been raised on nextseed the only capital been brought to the table?
NextSeed
Hi Juan, The cost to open the shop and have sufficient capital to support operations through the first six months while we ramp up our customer base is $156,000. In addition to the capital being raised through NextSeed, the company partners have ...
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