The Ledger
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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…”
Deliveroo CEO Will Shu has never had formal mentors or advisors
“I've never developed a sort of regular relationship with someone where you meet them once a week or once a month. The sort of advice has been more ad hoc as needed.”
Shu: Grocery accounts for over 7% of Deliveroo's business
“Our grocery business, I think we said in our H-one results is over seven percent of our business now, right?”
Will Shu self-funded Deliveroo's 2012 launch with 30,000 pounds
“I funded the company myself. It's not like we had any money. It was a very different fundraising environment in 2012. So I had savings, you know, I put in 30,000 dollars or pounds.”
Deliveroo skipped investment bankers because of Will Shu's finance background
“Look, we didn't use a banker because we never used a banker. I come from finance, so I understand, you know, the concept of a participating preferred, and, you know, I can have a sort of high-level understanding of this stuff.”