Nigel Eccles talks about the growth of Flick & the on-going litigation of FanDuel

Sam talks with Nigel Eccles about his new company Flick. A
companion app for sports fans who want to watch a game while
chatting online with likeminded fans and friends.


Nigel talks about how Flick has raised £4m and was growing nicely
until Covid-19 put a stop to all live sports. He believes Flick
will return to growth once live sports like football return. In
fact with stadium bans it could see ever greater demand for Flick
as fans try to recreate the stadium atmosphere while at home.


Prior to Flick, Nigel, his wife and three engineers started
Hubdub that soon pivoted into FanDuel. Nigel recalls how a
WebMission to Silicon Valley in 2008 helped Fanduel grow. Some of
the other companies that joined them included edocr, huddle,
skimlinks, mydeo, WAYN and TrustedPlaces.


Nigel talks about how FanDuel went on to raise $450m+ and
experienced hyper-growth in customer acquisition. Sadly the story
did not end up with Nigel and his wife growing a Unicorn, selling
it and riding off into the sunset. Nigel talks at length about
how the Private Equity company engineered to remove him, the
executive team and all the staff who held ordinary shares from
benefiting from their growth and success. In fact they ended up
with zero while the board that consisted of the PE Equity
partners engineered it to make themselves millions.


The story does not end there. Nigel and 90 of his original staff
have filed a class action suit against the PE company. We await
the outcome.