liquidation
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Spoiler Alert
Spoiler Alert is a Boston-based B2B software company that helps the world's largest consumer packaged goods makers sell off excess and short-dated inventory before it ends up in a landfill. Its platform digitizes the messy, manual liquidation process - automating listings, optimizing pricing and freight, and matching surplus product to a curated network of discount retailers and food banks. Founded by MIT Sloan classmates in 2015, the company works with brands like PepsiCo, Nestle, Kraft Heinz, Campbell's, and Danone, and says it has helped divert more than 200 million pounds of food from waste.
Marcus Shen
Marcus Shen is the CEO and Board Member of B-Stock, the world's largest B2B marketplace for excess merchandise, helping retailers like Walmart, Amazon, and Costco efficiently recover value from returned and surplus inventory. A former Yahoo! VP of Corporate Development and KKR advisor, Shen joined B-Stock as CFO in 2019, rose to COO, and took the CEO role in March 2022. Under his leadership, B-Stock has become a defining force in the recommerce economy, selling 160 million units annually and keeping nearly 300,000 tons of inventory out of landfills.