Words: Tom Ward
Eight years after the company’s 2013 inception, Deliveroo’s IPO is finally being cooked up by founder William Shu. To strain the metaphor further, you could even say that the initial public offering has left the kitchen and is on its way to your door, having been pencilled in for a delivery in Q1 2021.
As of this week, £50 million worth of shares are now available to retail investors and customers, provided they have registered their interest via the company’s app. (If you want to order a pizza to celebrate your investment while you’re at it, that’s up to you).
“Far too often normal people are locked out of initial public offerings,” founder Will Shu said as he announced the IPO. It’s Shu’s mission, he claims to give “as many customers as possible the chance to become shareholders.”
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