The McCarthys, who are now multimillionaires on paper following this funding round, showed their entrepreneurial nous long before they got the idea for Flipdish. Conor, who turned 40 last year, previously designed successful online poker games, while younger brother James , found success with ecommerce business christmasshirts.com, which sells in more than 40 countries.
But Flipdish’s proposition, which allows restaurants to have more control over their deliveries and costs less than competitors, has won favour at a time when takeaways have never been so popular. Moves into areas such as digital ordering kiosks, which may have seemed a high risk at the time, now look prescient in an era when Covid still dominates.Despite a dilution of stock, the McCarthys are believed to still own a sizeable chunk of the business.
“I saw there was a huge opportunity in the marketplace and I thought the guys could get there with the proposition they had ... I wasn’t thinking at that stage in unicorn terms but the Covid crisis has accelerated things substantially,” he said.
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