BizBash Invests $500K in Goodshuffle Pro

November 8, 2018

Last month, BizBash Media Founder and CEO, David Adler, announced that his company, along with he and his family, have invested more than $500,000 in Goodshuffle Pro, a business operations and intelligence software tool designed for the event rental and production industry.

“After watching the Goodshuffle Pro team iterate and study the industry, they have created a solution that could be the backbone of the inventory, management and marketing control system for what I call the new temporary infrastructure industry,” Adler explained. “In a Pop-Up Events world, with brick and mortar retail declining and event strategies on the rise, the need to be more efficient, nimble and more dynamic is critical for the growth of the industry.”

Adler said he invested in the company after casually mentioning the solution to several clients and getting an incredible reaction and immediate purchases from several legacy organizations that have been challenged to find ways to both support and improve their business processes without having to invent a new customized technology solution themselves.

“(Goodshuffle Pro) enables event vendors to produce more effective experiences and events for the end users,” Adler continued. “If the purpose of technology is to make what was complex trivial, then the highly accomplished Goodshuffle Pro team is positioned to be a solution that anyone who owns a company that deals with inventory needs to investigate.”

He added, “The solution is a game changer for legacy businesses as well as third-party planners who want to unlock the value of the rentals that they customize and reuse for clients.”

Goodshuffle has been building event technology for almost four years and launched Goodshuffle Pro late last year. The company currently works with clients across the U.S. and Canada and are anticipating further rapid growth as it continues to reach a wider audience.

“The response to the power of the product has been unbelievably positive, so we’re very excited to reach and help more event professionals through BizBash’s extensive event industry network,” said Andrew Garcia, co-founder of Goodshuffle.

 

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MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.    Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.    Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.   The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.    MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.     MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.