• Uber's polarizing surge pricing is coming for your food deliveries

    9 days ago - By Business Insider

    Kevin Novak, an early Uber data scientist, is an investor in the dynamic-pricing startup Sauce. Kevin Novak
    The food-tech startup Sauce allows restaurants to use dynamic pricing to raise delivery prices.
    Sauce is backed by the venture capitalist Kevin Novak, who created surge pricing for Uber.
    A fast-casual chain said it was able to double its delivery profit margins using Sauce at 49 stores.
    The venture capitalist Kevin Novak, an early data scientist at Uber, invented surge pricing for the ride-hailing giant. Novak, the founder and managing partner of Rackhouse Venture Capital, is once...
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