New investing opportunity is NOT trash, well…not exactly 😅

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Let’s be honest, most of us hate chores, but some are way worse than others!

I think everyone can agree that one of the most put off household chores is replacing a trash bag in the bin after taking out the full one. No one wants to do it and far too often, no one does! It’s gross (even worse when your kids throw trash into the empty bin and you have to clean that out, too!). 🗑️

This is a photo of me taking out the trash last week!

HD photo by Cash Macanaya

BagUps solves this problem, replacing the old trash bag with a new clean one instantly. Gone are the days of digging around the cabinet under the sink to find a new bag or reaching into the smelly bin to replace the bag! 

Founded by former nuclear missile launch officer Captain Jack Licata, BagUps is a veteran-owned company that manufactures biodegradable trash bag dispensing systems in New Jersey. Their assembling is done solely by veterans and people with disabilities – employing hard workers that many other companies would not.

It’s like a tissue box for the trash can – the next one pops right up!

Solving an even greater problem than our discomfort, BagUps are far better for the environment than traditional plastic bags. An estimated one trillion single use plastic bags are used each year (that’s 2 million bags per minute!). These plastic bags take 1,000 years to degrade, overflowing landfills and causing mass pollution. 

Revolutionizing the garbage industry, BagUps oxo-biodegradable bags degrade after only 2-3 years rather than the thousand years it takes other bags.

Photo by John Cameron on Unsplash

Adding further convenience to its product, BagUps offers the BagUps Trash Club: a service that allows customers to receive new bags through the mail whenever they choose (can you say “recurring revenue???”). Beyond that obvious benefit to investors, I never remember to add trash bags to the grocery list until it’s too late!

Further, the company’s sales have increased by 277% from January to July in 2022 – demonstrating rapid growth in the home garbage bag market that is expected to be worth about $3.83B by 2027.

BagUps is opening their doors to investors for the very first time!

Their patents are strong and the demand for this simple and it is something needed by nearly everyone.  Their innovative product is growing sales at a very healthy rate so far.

I would consider BagUps an exciting opportunity but also still early in its business life cycle, as they just launched their capital campaign and are in the “Friends and Family” mode.

Jeff and I have talked about this many times – the earlier stage a company is in the better the valuation, but this also brings higher risk.

Although this means that you are getting to see this opportunity before most other investors even know it exists, it also tends to be a longer pathway to a potential exit – so there’s the tradeoff.  However, the company recognizes this tradeoff and is offering extra bonus shares for those who invest today.  And with this raise, BagUps is planning to buy promotional endcaps and fund in-store promotions so that its product becomes a household norm.

So if this opportunity grabs your attention, I encourage you to check BagUps out HERE and learn more about how you have been invited to join in on this exclusive and early investment opportunity!

*See Disclaimers Below

🚒 Hot Links 🔥

• More about plastic bag pollution: 10 Facts About Single-Use Plastic Bags
• Weird solutions for pollution: 10 Weird and Wonderful Solutions to Make You Breathe Easy
• Little kid tries to pull a trash can prank on dad: Prank Gone Wrong!

Tweet Of The Day

BagUps would never…

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