• Deal Lift
  • Posts
  • 👣 From Facebook Scroll to $1 Billion

👣 From Facebook Scroll to $1 Billion

How Two Friends Turned a Fun Fact About Socks Into a Heartwarming Business Empire

In partnership with

Hey there, innovators!

Got a minute? This story might just knock your socks off (pun intended 😉). Imagine casually scrolling through Facebook and stumbling on a fact that changes your life and the lives of millions. Sounds wild, right? Well, that’s exactly what happened to Randy Goldberg and David Heath.

Let’s dive into their journey—because who doesn’t love a feel-good business success story with a sprinkle of hustle and a dash of heart? ❤️

These daily stock trade alerts shouldn’t be free!

The stock market can be a rewarding opportunity to grow your wealth, but who has the time??

Full time jobs, kids, other commitments…with a packed schedule, nearly 150,000 people turn to Bullseye Trades to get free trade alerts sent directly to their phone.

World renowned trader, Jeff Bishop, dials in on his top trades, detailing his thoughts and game plan.

Instantly sent directly to your phone and email. Your access is just a click away!

The Facebook Scroll Heard ‘Round the World

Picture this: it’s 2011, and David Heath is doing what we all did back then—mindlessly scrolling Facebook. Suddenly, he sees a random fact: socks are the most requested item at homeless shelters in the U.S. đŸ§Ś

Cue the lightbulb moment. 💡 David couldn’t stop thinking about it. What if there was a sock brand where, for every pair sold, another pair was donated to someone in need?

Excited, he pitched the idea to his buddy Randy Goldberg. Together, they dreamed up a plan to create not just socks, but the best socks out there—comfy, durable, and stylish. Their secret sauce? A simple but powerful “buy-one-give-one” model that meant more sales = more impact.

But, as they soon realized, dreaming was the easy part.

Research First, Hustle Later

Randy and David didn’t just jump in. Nope. They spent two years diving deep into sock science (yes, it’s a thing) and understanding the needs of homeless communities. 🧐 By 2013, they were ready to make their move.

They launched Bombas (Latin for “bumblebee,” symbolizing teamwork and community) with a crowdfunding campaign on Indiegogo. The goal? A modest $15k. But here’s the plot twist—they smashed that in just 24 hours, raising a whopping $140k overall! 🎉

Bombas Takes Off: Shark Tank Edition

Enter 2014, the year things got buzzy. 🐝 Bombas landed a spot on Shark Tank. Despite some skepticism from the sharks, the duo snagged a deal with Daymond John: $200k for 17.5% of the company.

The real win? The Shark Tank effect. Bombas' website crashed from the flood of orders within seconds of the episode airing. Talk about a mic-drop moment. 🎤

Scaling Up in Style

From there, it was game on. Bombas expanded their product line to include basics like t-shirts and underwear (spoiler: they’re just as cozy as the socks). They partnered with big-name retailers like Nordstrom and Dick’s Sporting Goods and hit milestone after milestone:

  • 2018: Over $100M in annual revenue.

  • 2024: Over $1 billion in total sales, with $300M rolling in annually.

  • Impact: 100 million items were donated to those in need. 🥰

Not bad for an idea sparked by a random fun fact, huh?

Why This Story Rocks (and Socks)

Here’s the kicker: Bombas didn’t invent socks. They reinvented the business model. Their “buy-one-give-one” approach didn’t just sell products—it built a community.

So, the next time you’re brainstorming your big idea, remember this: Inspiration can strike anywhere—even during a mindless scroll. 🌀 And when it does, grab it, run with it, and make an impact.

Your Turn!

What’s your “fun fact” moment? What idea could you flip into something extraordinary? 💭

Let us know, and who knows—you might just be the next big success story we write about. 🚀

Till next time, keep dreaming and innovating!
✨ Stay inspired,
Deal Lift Team

P.S.

If you loved this story (and who wouldn’t?), forward it to your fellow dreamers. Sharing is caring! 🧦💌