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    Colin Webb

    Cofounder/CEO of Sauce - Forbes 30u30 | Dynamic Pricing | Restaurant Profitability | Helping restaurants use data to optimize sales

    Colin Webb is the Co-Founder and CEO of Sauce Pricing, a company focused on utilizing data to optimize pricing strategies for restaurants. He has a background as an engineer from the Massachusetts Institute of Technology (MIT) and has experience in various sectors including automotive and finance.

    Professional Background

    • Current Role: Co-Founder and CEO at Sauce Pricing since October 2020. The company specializes in dynamic pricing solutions to help restaurants combat rising costs and enhance profitability through data-driven insights.
    • Previous Experience:
      • Board Member at MIT Corporation since September 2018.
      • Founder of Insemble from September 2019 to August 2020.
      • Design Release & Development Engineer at General Motors for one year.
      • Held various leadership roles during his time at MIT, including Class President.

    Education

    Colin graduated from MIT, where he was actively involved in leadership programs and projects related to technology and innovation.

    Skills and Interests

    Colin is passionate about leveraging technology to improve restaurant operations, focusing on areas like:

    • Dynamic pricing of menu items
    • A/B testing pricing strategies
    • Event and campaign pricing
    • Data analytics for operational efficiency

    He is also multilingual, with proficiency in English, Spanish, Italian, and basic Chinese.1

    Highlights

    Nov 2 · MIT News
    Clip Forbes Two MIT Founders Dish Their Secret Sauce For Restaurants To Cook Up Success (Nov. 2) | MIT News | Massachusetts Institute of Technology - MIT News
    Nov 2 · MIT News
    Clip Forbes Two MIT Founders Dish Their Secret Sauce For Restaurants To Cook Up Success (Nov. 2) | MIT News | Massachusetts Institute of Technology - MIT News

    Related Questions

    What inspired Colin Webb to start Sauce Pricing?
    How did Colin Webb's background in engineering influence his approach to dynamic pricing?
    What are some success stories of restaurants using Sauce Pricing?
    How does Sauce Pricing help restaurants combat rising costs?
    What other industries has Colin Webb worked in before founding Sauce Pricing?
    Colin Webb
    Colin Webb, photo 1
    Colin Webb, photo 2
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    Location

    Los Angeles, California, United States