Carlo Cisco pitches FoodFan Select, a subscription that gives members up to 30% off food and drink bills at top restaurants with no blackout dates or vouchers. The company has 70 restaurant partners, hundreds of paying subscribers, and corporate clients like RBS and Facebook, but needs funding to expand and reach cash-flow positive.
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Hi, I'm Carlo Cisco and I'm the founder and CEO of FoodFan, and I'm going to be pitching our new service, FoodFan Select. Select is a subscription program where members save up to 30% off the full bill, food and drink, at some of the best restaurants in their city. There's no blackout days or times and no reservations or vouchers required. All they need to do to redeem the discount is simply slide their Black Select card in with the bill and the waiter takes care of the rest. I think that we would be interesting for the Roll the Dice audience because our business is really in motion. We already have over 70 restaurants on the program. We have hundreds of paying subscribers. And we even have some companies that are using the service, including RBS and Facebook. And we're actually talking to several other publicly traded companies as well. We want to be a part of the competition because our business is new and we're growing, but we think that this would be a great way to get some exposure within the LGBT community. We're also about to become an LGBT diverse supplier, so it would be, you know, great exposure to potential corporate customers as well. In terms of the award money, it would really be a big help. We do have revenue, but we're not cash flow positive, so more money for us means more restaurants, more people, more paying subscribers, and a better program.