Bombas: David Heath and Randy Goldberg (2022)

How I Built This with Guy Raz

Guy Raz | Wondery

Business

4.8 • 31.1K Ratings

🗓️ 13 January 2025

⏱️ 88 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.

This episode was produced by Kerry Thompson with music composed by Ramtin Arablouei. It was edited by Andrea Bruce.

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Transcript

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0:00.0	Wonderie Plus subscribers can listen to how I built this early and ad-free right now.
0:05.7	Join Wonderie Plus in the Wondery app or on Apple Podcasts.
0:10.6	I feel like I'm missing out because everyone is either starting a side hustle or becoming their own boss.
0:16.2	And you know what they're hearing a lot?
0:19.1	It's the sound of another sale on Shopify, the all-in-one commerce platform
0:22.9	to start, run and grow your business. Shopify is the commerce platform revolutionising millions
0:28.1	of businesses worldwide. Whether you're selling flaky salt or fine art prints, Shopify simplifies
0:33.7	selling online and in person so you can successfully grow your business,
0:38.1	covering all your sales channels from a shopfront ready point of sales system to its all-in-one
0:42.6	e-commerce platform. Shopify even gets you selling across social media marketplaces like Facebook,
0:48.0	Instagram and TikTok. And thanks to award-winning help and with an extensive business course library,
0:53.3	Shopify is ready to support
0:54.6	your success every step of the way. Sign up for a one pound per month trial period at Shopify.com.
1:00.5	UK slash build or lowercase. Go to Shopify.com.ukuk slash built to take your business to the next level
1:08.7	today. Shopify.com.ukuk slash build.
1:13.5	You're a startup founder. Finding product market fit is probably your number one priority.
1:19.8	But to land bigger customers, you also need security compliance. And obtaining your SOC2 or ISO-27-2-2-1 certification can open those big doors, but they take
1:31.7	time and energy pulling you away from building and shipping. That's where Vanta comes in. Vanta is the
1:39.3	all-in-one compliance solution helping startups like yours get audit ready and build a strong security
1:46.1	foundation quickly and painlessly.
1:48.9	How?
1:49.8	Vanta automates the manual security tasks that slow you down, helping you streamline your
	...

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