Dale Schwartz, Founder & CEO, Pinstripes – Holistic Hospitality: Widening market appeal with curated experiences and exceptional quality
11/13/24 • 26 min
Summary:
Driven by pandemic restrictions and changing lifestyles, social isolation is on the rise in America. In response, many people are searching for new ways to connect and share meaningful experiences together. Bars, restaurants, and entertainment spaces have a unique opportunity to help fill this void, but too many venues leave potential markets untapped by prioritizing some aspects of their offering at the expense of others. Today’s guest, however, has come up with a winning formula: a blend of thoughtful design, engaging entertainment, and stand-out dining that appeals to customers across generations and backgrounds.
Today we sit down with Dale Schwartz, the founder and CEO of the bowling and bocce restaurant Pinstripes, which trades under the symbol PNST. Prior to Pinstripes, Dale was co-Founder and co-CEO of natural pharmacy retailer Pharmaca Integrative Pharmacy, CEO of Infigen, Inc., and CFO of Ribozyme Pharmaceuticals, Inc.
Earlier in his career, he was a principal at Odyssey Partners, a private partnership specializing in leveraged buyouts, venture capital, and recapitalizations. He got is start as an analyst in Morgan Stanley's M&A group, attended Colgate University, and holds an MBA from Harvard Business School.
In this episode, Dale talks us through Pinstripes' unique approach to experience curation, their considerations when it comes to real estate, and discusses their plans for domestic growth and international expansion.
Highlights:
- Pinstripes' story and background (3:05)
- How Pinstripes got its name (4:10)
- Dan's outlook on the early days in the dining and entertainment industry (5:02)
- Pinstripes' interior design and the importance of atmosphere (6:33)
- Pinstripes' menu, and finding balance between food and entertainment (8:57)
- How Dale chooses new locations for Pinstripes (10:27)
- Pinstripes economic model for food, drink, and entertainment (12:16)
- Dale's outlook on the private event space (14:17)
- Growth and expansion goals (15:25)
- Dale discusses the influence landlord incentives have on costs and returns (18:08)
- Potential for international expansion (20:00)
- Dale's approach to the current macro environment and rising costs (21:40)
- What future success looks like for Pinstripes (23:46)
Links:
Feedback:
If you have questions about the show, or have a topic in mind you'd like discussed in future episodes, email our producer, [email protected].
Summary:
Driven by pandemic restrictions and changing lifestyles, social isolation is on the rise in America. In response, many people are searching for new ways to connect and share meaningful experiences together. Bars, restaurants, and entertainment spaces have a unique opportunity to help fill this void, but too many venues leave potential markets untapped by prioritizing some aspects of their offering at the expense of others. Today’s guest, however, has come up with a winning formula: a blend of thoughtful design, engaging entertainment, and stand-out dining that appeals to customers across generations and backgrounds.
Today we sit down with Dale Schwartz, the founder and CEO of the bowling and bocce restaurant Pinstripes, which trades under the symbol PNST. Prior to Pinstripes, Dale was co-Founder and co-CEO of natural pharmacy retailer Pharmaca Integrative Pharmacy, CEO of Infigen, Inc., and CFO of Ribozyme Pharmaceuticals, Inc.
Earlier in his career, he was a principal at Odyssey Partners, a private partnership specializing in leveraged buyouts, venture capital, and recapitalizations. He got is start as an analyst in Morgan Stanley's M&A group, attended Colgate University, and holds an MBA from Harvard Business School.
In this episode, Dale talks us through Pinstripes' unique approach to experience curation, their considerations when it comes to real estate, and discusses their plans for domestic growth and international expansion.
Highlights:
- Pinstripes' story and background (3:05)
- How Pinstripes got its name (4:10)
- Dan's outlook on the early days in the dining and entertainment industry (5:02)
- Pinstripes' interior design and the importance of atmosphere (6:33)
- Pinstripes' menu, and finding balance between food and entertainment (8:57)
- How Dale chooses new locations for Pinstripes (10:27)
- Pinstripes economic model for food, drink, and entertainment (12:16)
- Dale's outlook on the private event space (14:17)
- Growth and expansion goals (15:25)
- Dale discusses the influence landlord incentives have on costs and returns (18:08)
- Potential for international expansion (20:00)
- Dale's approach to the current macro environment and rising costs (21:40)
- What future success looks like for Pinstripes (23:46)
Links:
Feedback:
If you have questions about the show, or have a topic in mind you'd like discussed in future episodes, email our producer, [email protected].
Previous Episode
Roshan Pujari, Founder & CEO, Stardust Power – Powering Progress: Refining lithium production with sustainable practices and American innovation
Summary:
There's a growing call for clean energy solutions in America, and our guest today is ready to answer it. With an unpredictable geopolitical landscape and US lithium demands projected to skyrocket over 500% by 2030, now is the time for American innovation in the outdated lithium refinement industry. Today’s guest is leading this charge, modernizing an industry long overdue for and upgrade with a commitment to environmental responsibility and smarter, sustainable practices.
Roshan Pujari is the founder and CEO of Stardust Power, a sustainability-focused, American developer of battery grade lithium resources, which lists on the NASDAQ stock exchange under the symbol SDST. Currently, the company is focused on building 'the U.S.’s largest battery-grade lithium refinery' in Muskogee, Oklahoma, which is expected to process up to 50,000 metric tons of lithium annually (enough to power almost five million electric vehicle (EV) batteries every year).
Previously serving as founder and CEO of VIKASA Capital, Roshan brought over 20 years of experience in market analysis with him to Stardust. He is a recognized investor and philanthropist, and is chairman of the Pujari foundation, a 501(c)(3) educational organization promoting arts, culture, education, and community around the globe.
In this episode, Roshan discusses the strategic advantages of the location chosen for their Oklahoma refinery, and outlines the sustainable practices, including the use of recycled wastewater from oil and gas production, at the core of Stardust's business model.
Highlights:
- Roshan's path to the energy industry (3:00)
- Stardust Power's Oklahoma refinery project (4:15)
- Roshan describes the lithium supply chain (5:21)
- What are the advantages to keeping lithium production domestic? (7:22)
- Roshan describes the strategic advantages of building the refinery in Oklahoma (9:28)
- How do legacy methods of lithium production harm the environment? (11:52)
- Roshan reflects on potential impacts of the upcoming US election to the industry (13:26)
- Where is the electric vehicle industry likely headed? (15:04)
- The expertise of Stardust Power's leadership team (16:45)
- Taking Stardust Power public (18:23)
- Limiting technology risk in the supply chain (20:15)
- Roshan's vision for Stardust's future (22:03)
Links:
Feedback:
If you have questions about the show, or have a topic in mind you'd like discussed in future episodes, email our producer, [email protected].
Next Episode
Frantz Saintellemy, CEO, LeddarTech – Paving the Way: Revolutionizing automotive safety through unified, scalable software
Summary:
Every industry has its trailblazers, but true innovation goes beyond just patents and profits. Today’s guest understands that collaboration and flexibility aren’t just ideals—they’re essential to creating safer, smarter technologies that drive progress across an entire ecosystem.
Frantz Saintellemy is the CEO of LeddarTech, an automotive ADAS and autonomous driving software company, trading under the symbol LDTC. As an engineer, innovator, and internationally recognized expert in advanced technology, Frantz brings over 25 years of experience in the electronics and automotive sectors.
Frantz is the co-founder of Groupe 3737, an incubator and innovation hub, and previously served as VP and General Manager of the Automotive and Industrial Division at Integrated Device Technology. His remarkable career includes roles as President and Executive VP of Global Sales and Marketing at ZMDI AG, a global supplier of automotive and industrial sensor solutions, and as CTO and Corporate VP of Technical Marketing and Advanced Engineering at Future Electronics.
A graduate of the MIT Sloan Engineering Fellows Program on Innovations and Global Leadership with a degree in electrical engineering from Northeastern and an MBA from McGill, Frantz's expertise has a firm academic foundation. And, in 2021, he was appointed Chancellor of the University of Montreal, underscoring his commitment to both innovation and education.
In this episode, we explore LeddarTech’s approach to innovation and IP, how LeddarTech’s technology is differentiated, and what the future of autonomous driving looks like for all of us.
Highlights:
- LeddarTech's background and how their software works (3:32)
- Common automobile safety problems and what software can do to help (7:46)
- LeddarTech's target audience (10:52)
- How LeddarTech protects their software innovations through IP (14:00)
- Frantz's perspective on market competition (15:52)
- AI incorporation and current software developments (19:06)
- Common misconceptions about ADAS safety systems (20:40)
- Frantz's outlook on short-term developments in automotive technology (22:20)
- Future goals for LeddarTech (25:04)
Links:
Frantz Saintellemy on LinkedIn
Feedback:
If you have questions about the show, or have a topic in mind you'd like discussed in future episodes, email our producer, [email protected].
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