Will Shu is the founder and CEO of food delivery platform Deliveroo. He outlines Deliveroo's expansion strategy regarding delivery-only kitchen hubs (Deliveroo Editions).
0:00 / 0:05exact quote · 5.2s
720p mp4 · rendered on demand · StarZero watermark
“Today, some markets, it's a really big part of our business, and we're going to continue to invest a lot in these kitchens.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Will Shu
AssertionSupported
Will Shu: Over 50% of Deliveroo riders work on multiple platforms
“Over 50% of our riders work on multiple platforms.”
Will ShuOct 25, 2021▶ 18:1320VC: Deliveroo Founder Will Shu on The IPO This Year, The Rise of Quick Commerce and The Fierce Competition with Uber Eats
Opinion
Will Shu: Investment bankers are only useful for driving competitive tension
“I think, look, at the end of the day, what is a banker good for? I think bankers are great for running processes. They're great for, you know, driving sort of competitive tension.”
Will ShuOct 25, 2021▶ 23:5420VC: Deliveroo Founder Will Shu on The IPO This Year, The Rise of Quick Commerce and The Fierce Competition with Uber Eats
Disclosure
Deliveroo CEO Will Shu admits he is not a professional manager
“Practical, tactical elements of management, frankly, are things that you learn at other companies. And we're building this muscle today, but that's one area where I'm like, hey man, there's a million people better at that than me. I'm not a professional CEO, r…”
Will ShuOct 25, 2021▶ 27:2920VC: Deliveroo Founder Will Shu on The IPO This Year, The Rise of Quick Commerce and The Fierce Competition with Uber Eats
PredictionNot checkable as stated
Will Shu predicts dark kitchens will experience huge growth post-COVID
“Because I do think about just the restaurant industry and what's happened during COVID, and it's very clear that this part of it's going to keep growing hugely, and it's beneficial for restaurants.”
Will ShuOct 25, 2021▶ 6:2020VC: Deliveroo Founder Will Shu on The IPO This Year, The Rise of Quick Commerce and The Fierce Competition with Uber Eats
Insight
Will Shu: Food delivery unit economics require hyper-local order density
“What we realized pretty quickly was driving density of orders would actually make the unit economics work pretty quickly, but it's kind of hard to do that all at once, you know, let's say 200 cities, because this is a hyper local marketplace, right?”
Will ShuOct 25, 2021▶ 11:3920VC: Deliveroo Founder Will Shu on The IPO This Year, The Rise of Quick Commerce and The Fierce Competition with Uber Eats
AssertionSupported
Will Shu: European online food delivery penetration remains at just 3%
“Online penetration of food is three to five percent still today. Now, I think the US sort of leapfrogged a lot during COVID, but if you look at Europe, It's still in that, you know, one meal out of 21 a week is online. So I think we're super, super early.”
Will ShuOct 25, 2021▶ 12:5620VC: Deliveroo Founder Will Shu on The IPO This Year, The Rise of Quick Commerce and The Fierce Competition with Uber Eats
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 1,200 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.