The date is December 2013. Deliveroo has been going for less than 12 months, employs just a handful of people, and Will Shu, its co-founder and chief executive, is raising the delivery startup’s first round of funding. In a presentation circulated to investors in London, he details his impressive resume: a MBA from Wharton; five years at Morgan Stanley; and the fact that he’s “eaten 60 chicken McNuggets in one sitting”:Soon after, Deliveroo raised £2.7m from Index Ventures, Hoxton Ventures and JamJar Investments. The heavily loss-making company has since raised almost bn and achieved a bn valuation.It has shaken up the food delivery sector and attracted controversy for its treatment of thousands of delivery people, who Deliveroo has fought to avoid recognising as employees.More
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The date is December 2013. Deliveroo has been going for less than 12 months, employs just a...