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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