The Bad Stuff
OperatingBad Stuff, Inc.
Alcohol · Liquor · Los Angeles, CA · Founded 2015
The Bad Stuff is a luxury tequila brand committed to excellence and tradition. The recipe, perfected over generations for 93 years and counting, has won awards across several competitions. In a $5 billion global tequila market and a rapidly expanding premium spirits sector, The Bad Stuff believes it's offering exactly what consumers have been searching for.
Financials
FY2018–FY2025 (no data for FY2021) · from SEC filings · hover any figure for its sourceFigures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited; no pill means the filing didn’t state one. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.
Valuation over rounds
Post-money = pre-money + amount raised · caps markedA dashed amber step is a SAFE/note valuation cap — a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.
Fundraising history
Team
5 people
Mr. Enenstein is licensed as an attorney in the states of California, New York, and the District of Columbia. As an attorney and entrepreneur, Mr. Enenstein has had significant success in the business arena, including: successfully turning around a software company, later selling it to a Fortune 50 company; co-founding a technology company in the travel space which has successfully closed over $11 million in funding and has a Fortune 10 Company as its first customer; and advising and handling the sale of a Tequila company for ten times EBITDA . Darren Enenstein does not fully dedicate all of his work time to The Bad Stuff Inc. and is also a practicing attorney. He is an active partner in a law firm he founded over ten years ago.
Mr. Soto Mares earned his Catador (Sommelier) status at La Academia Mexicana del Tequila in Jalisco, Mexico in 2005. Mr. Soto Mares received the designation of Maestro Catador (Master Sommelier) in 2008 by conducting extensive educational tequila tastings, seminars, and being appointed the Director of La Academia Mexicana del Tequila for California, the first designation offered outside of Mexico. Felipe contributes approximately 40 hours a week to The Bad Stuff
Mrs. Enenstein holds a Masters degree in Chemical Engineering from Georgia Tech. She was then hired as a Manager for McMaster-Carr, a global industrial supply company. After obtaining her MBA from Emory University, Mrs. Enenstein joined GE Capital’s prestigious Capital Markets Group in New York, and then was promoted to the Corporate Finance Group in Los Angeles. Susy contributes approximately 2 hours a week to The Bad Stuff
Names and titles as disclosed on SEC Form C, StartEngine. Bios and photos come from the platform campaign page and may be out of date.
Reg CF annual-report compliance
Filed 4 of 6 annual reports (FY2020–FY2025)
Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.
SEC filings
View all 9 filings on EDGAR- Form C-ARApr 15, 20260001833612-26-000004EDGAR
- Form C-ARMay 1, 20250001665160-25-000927EDGAR
- Form COct 1, 20240001665160-24-001363EDGAR
- Form C-ARApr 29, 20240001833612-24-000003EDGAR
- Form C-UJun 22, 20210001665160-21-001162EDGAR
- Form C-AR/AJun 21, 20210001665160-21-001127EDGAR
- Form C-UMay 7, 20210001665160-21-000928EDGAR
- Form C-ARApr 29, 20210001665160-21-000690EDGAR
About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.