Money Talk: The Difference between Digital and Virtual Currency Though the allure of financial gain is not in danger of waning anytime soon, currency in this particular form may very well become obsolete as e-commerce grows more sophisticated and people become more inclined to chase virtual currency like the Bitcoin than they are to chase paper. New Money: Digital Currency, Virtual Currency, and What It All Meansįor generations, the promise of “cold hard cash” has motivated people to work hard, to divulge information, to cover-up information, and everything in between. It’s early in the industry and I’m excited to do this for 10 years.If you like money, you will love this article. “To me, I’m excited about what we’re doing. “We’re at a scale where we’re starting to think about being a public company over 12 to 24 months,” he said. Neither Sela nor his investors are talking about exact exit strategies yet, but they are looking ahead to a future that could include an IPO. New changes to the app are also on the drawing board, including giving users the ability to search for specialty items like vegan or gluten-free pizza options or cauliflower crusts pizzas. “My investors and board members are some of the closest advisers in the company.”Ĭurrently the company’s business customers and consumer base are all in the U.S., but long-term plans call for expanding into international markets in the future. “Where the job of a CEO can feel incredibly lonely, they help alleviate those feelings,” Sela said. And the understanding and camaraderie they bring to the table makes it less lonely at the top. The capital raised in each round has been key, but sometimes the expertise is even more important, especially in the latest round that brought Costolo and Bain on board, Sela said.Įxperienced advisers provide valuable feedback and guidance as Slice continues to grow and scale its operations, and they also offer deep networks from which to recruit new talent. That attitude of appreciating talent where you find it is also part of Slice’s fundraising effort. “We’re creating opportunities for talent across the world.” “My belief is that talent has no borders but opportunities do,” Sela said. The New York City-based company operates five offices, including its headquarters in the U.S. Slice now employs nearly 900 people, with plans to add about 500 more. He started the company as My Pizza in 2010 and bootstrapped it for six years before changing the name to Slice and raising its first round of capital in 2016. Sela was born in Macedonia and he grew up in New York in a family where several members operated pizzerias, and his chosen career in tech ultimately brought him back to those roots when he saw a way to help those familiar small businesses be more successful. About 75% of the time people are ordering from the same three or four favorite local pizzerias, and the other 25% they’re out to discover something new either in their neighborhood or in their travels.
That tracks wherever the user happens to be. “It ultimately rewards you for supporting local businesses,” he said. That compares to only about 6,000 US locations in Domino’s rewards program, Sela said.
#Slice it all money free
Slice Rewards lets app users accumulate points toward a free local pizza from any one of about.
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