NYC Pizza-Delivery Startup Gets a Big Slice of the Pie

  • 📰 WSJ
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

Slice, a pizza-delivery platform that partners with 16,000 independent pizzerias nationwide, has generated more than $1 billion in sales since it launched in 2010. Here’s how its founder built the business.

Your typical local startup founder these days likely grew up in Connecticut, graduated from Harvard Business School and lives in Manhattan or the trendier precincts of Brooklyn. Then there’s Ilir Sela, founder and chief executive of pizza-delivery platform Slice, which partners with 16,000 independent pizzerias nationwide, including half the 2,800 shops in New York City.

“He took scrappiness to a whole new level,” says Ben Sun, co-founder and general partner at Manhattan’s Primary Venture Partners, which participated in last month’s series D round raising $40 million for Slice. “It epitomizes New York.”Last week, Mr. Sela, who is 40 years old, drinks 10 black iced coffees a day and prefers a plain cheese slice, showed me his company’s first office—a second-story affair atop a hair salon overlooking the Staten Island Railway tracks.

“I had plans of a $1 million business,” he says of his company, which has generated more than $1 billion in pizza sales since it launched in 2010. “The idea was eventually we’d take over the whole building.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

We cannot drink oil. We cannot drink lithium. Thread:

They used to pay the local boy a nickel to deliver pizzas now they are making billions!

thanks

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NYC May Be Reopening In May — But Broadway Shows Won’t Be Back Until SeptemberShows are expected to resume performances in September despite Cuomo saying they could reopen May 19.
Source: Forbes - 🏆 394. / 53 Read more »

Samira Nasr and Mayoral Candidate Ray McGuire Discuss Pressing Issues for NYC WomenHarper's BAZAAR's editor in chief, Samira Nasr, moderated a women-led panel for New York City mayoral candidate Ray McGuire.
Source: harpersbazaarus - 🏆 467. / 52 Read more »

NYC Times Square shooting sends girl, 4, two others to hospital; police search for suspectTwo women and a four-year-old child were shot in Times Square in New York City Saturday afternoon, and the New York Police Department is seeking a person of interest that fled the scene. I need just 50k streams before the end of this month please support by STREAMING and SUBCRIBING to my YouTube channel.🙏🙏👇👇 Biden just said he will cure cancer now...🤯😂🤦‍♂️
Source: FoxNews - 🏆 9. / 87 Read more »

Elon Musk Arrives in NYC with Family, Brainstorms 'SNL' Ideas with PapsElon and co. have arrived in the City. GOAT CRINGE
Source: TMZ - 🏆 379. / 59 Read more »

Woman accusing NYC mayoral candidate of sexual assault files complaint with state AGThe woman accusing mayoral candidate Scott Stringer of sexual assault and harassment has filed a formal complaint with the office of state Attorney General Tish James
Source: politico - 🏆 381. / 59 Read more »