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Unscripted with @jrichlive ft. Ilir Sela (Slice), Adam Bain (01Advisors), Dick Costolo (01Advisors)

April 20, 2021
by
GGV Capital U.S.
YouTube video player
Unscripted with @jrichlive ft. Ilir Sela (Slice), Adam Bain (01Advisors), Dick Costolo (01Advisors)

TL;DR

Slice is a technology platform that aims to empower and support independent, family-owned businesses, with a focus on small pizza restaurants. They provide these businesses with technology solutions, marketing tools, and shared services to help them compete with larger chains.

Transcript

morning everybody how are you guys great don't respond at once um 1204 on the east coast so i'm just like afternoon oh yeah it's not it's not morning it's not morning you probably have a giant uh pie large pie in front of you we're gonna share one with dick later today yeah yeah yeah um well thanks for doing this guys we um i i think a lot of folks... Read More

Key Insights

  • 😃 Slice believes that independent businesses are at a disadvantage compared to big chains, and their mission is to level the playing field.
  • 👨‍💼 They are focused on the underserved market of small business pizza restaurants and are rapidly scaling their network.
  • 🛝 Slice's recent funding round with investors like Dick Costolo and Adam Bain will enable them to further invest in their product and continue their growth.
  • 🤩 The company emphasizes the importance of setting clear priorities and focusing on key initiatives that will have a significant impact on the business.
  • ❓ Slice recognizes the value of surrounding themselves with experienced mentors and advisors who can provide valuable insights and guidance.
  • 😤 They understand the power of storytelling and aim to connect their team and employees to the impact they are making on small businesses.
  • 😤 Slice encourages proactive communication and listening to their team members at all levels to understand their perspectives and address any concerns.

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Questions & Answers

Q: What is Slice's mission?

Slice's mission is to empower independent, family-owned businesses and help them compete with larger chains by providing technology, marketing, and shared services.

Q: How many small business pizza restaurants does Slice currently work with?

Slice currently works with over 16,000 small business pizza restaurants nationwide.

Q: What are some of the new products that Slice has recently launched?

Slice has recently launched Slice Register, a game-changing product that allows them to manage 100% of the volume for these businesses. They have also introduced Slice Rewards, which is a nationwide loyalty and rewards program for consumers who shop from family-owned businesses.

Q: How does Slice help small businesses compete with big chains?

Slice provides technology solutions, marketing tools, and shared services to small businesses, giving them the resources they need to increase their online presence, streamline operations, and attract more customers.

Summary & Key Takeaways

  • Slice's mission is to keep local businesses thriving by providing them with the tools and support they need to compete with big chains.

  • The company currently works with over 16,000 small business pizza restaurants across the US.

  • They have recently launched new products, such as Slice Register and Slice Rewards, to further support their merchant partners.


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