Inside Edition
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Employees Own a Slice of the Business at Pizza Co-Op in California
Posted
July 26, 2023
Views
61,060
Likes
1,031
Comments
90
Engagement
1.84%
July 26, 2023
61,060
1,031
90
1.84%
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1:14Now PlayingA pizza place in Silicon Valley is conducting an experiment of sorts, not with crazy toppings, but with its business model. Kirk Vartan is the founder of Slice of New York. Six years ago, he started selling the company to his employees as a leveraged buyout, meaning they took out a loan. They formed a board and are paying it back with their pizza profits. Customers are intrigued by the operation. Inside Edition Digital’s Mara Montalbano has more.
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