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Who started Deliveroo?
Before founding Deliveroo, Shu worked as an analyst for S.A.C. Capital Advisors and ESO Capital, and as an investment banker at Morgan Stanley. He founded Deliveroo in 2013 with childhood friend and software engineer Greg Orlowski.
Mar 31, 2021 · Tech. Deliveroo is having a rough start to its IPO. Here's how the food-delivery firm grew from being a hungry banker's idea to a publicly listed company. Shona Ghosh. Updated. Will Shu,...
- Shona Ghosh
- Henry Blodget
- My Advice For Entrepreneurs
- Getting to Know Food Delivery as An Investment Banker
- An American in London
- The Just Eat Experience
- Leaving The World of Finance For Business School
- Starting Deliveroo and Overcoming The Scepticism
- Getting The Business to Where It Is Today
“If there’s any advice I would give to would-be entrepreneurs, it would be: 1. To have one idea that you’re super passionate about. Don’t start ‘Etsy for pets’ if you don’t really like dogs right! 2. You have to be pretty irrational as well because chances are it’s not going to work out but you have to believe in it. 3. Thirdly, you can’t hedge you...
“Deliveroo is a very personal story for me and for Greg, my co-founder. I’m American, I grew up in Connecticut and my first job out of college was as an investment banking analyst at Morgan Stanley in New York in 2001. “I entered this world where I was working 100 hours a week and it was pretty miserable. The one cool thing about the job was that t...
“In 2004 I was transferred to the London office in Canary Wharf. Back then I was literally working the same hours as in New York. I had to go to Tesco’s every night or Chilli’s and it just became really depressing. I know this isn’t a global issue right; you’re probably thinking ‘Oh, he couldn’t get great food delivered!’ but, when you’re working t...
“Fast forward a few years and I’m working at a hedge fund. My hours are okay and the likes of the online marketplaces are really taking off; like Just Eat. I was super excited to try it but when I did, I found that there were two fundamental issues. One, I didn’t recognise any of the restaurants that were listed; they were places like Chang’s Expre...
“In 2010, I went back to the US and went to business school because I’d spent nine years in finance and I really just wanted to do something else. It was a way for me to drink for two years and hang out to be totally honest with you! But it did give me time to think. “One of my friends there – probably the smartest guy I know – literally had about ...
“After graduation, I teamed up with Greg again. At this point, the cost of smartphones and tablets was very reasonable so we decided to start Deliveroo to solve the dual problems I recognised with Just Eat [lack of recognisable restaurants and slow delivery times). “At the time, we definitely ran into a lot of sceptics. They would say things like ‘...
“The business eventually grew through word of mouth and we expanded neighbourhood by neighbourhood across London for the first two years. We were self-financed for the first two years or so and then about a year ago we launched our first city outside of London which was Brighton. We then launched in Manchester and then in April 2015 we launched in ...
Dec 14, 2018 · Will Shu started Deliveroo in 2013 with a mission: takeaway food from a range of restaurants delivered quickly. Along the way he’s had to deal with problems he really didn’t expect.
In Feb 2023, Deliveroo made 9% of the workforce redundant, with CEO Will Shu saying the reason was having “in recent years we grew our headcount very quickly. This was a response to unprecedented growth rates supported by Covid-related tail winds.
Will Shu, our founder, launched Deliveroo in London alongside his childhood friend, Greg Orlowski. 2014. Launched in Brighton, the first city outside of London in the UK. 2015. Continued expansion across the UK. First international expansion, launching operations in Australia, Belgium, France, Germany, Hong Kong. .
Mar 8, 2021 · I was never into start-ups," says Will Shu, founder of food delivery chain, Deliveroo. His comments came as the firm set out plans to issue shares to the public which could value it at about...
