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Evening Standard
Evening Standard
Business
Lucy Tobin

‘Our $55 million company went bust overnight’

Flash Pack founders and married couple Radha Vyas and Lee Thompson

(Picture: Flash Pack)

“When Covid hit, Flash Pack was doing incredibly well: we had three venture capitalists valuing our business at $55 million, 55 permanent staff, and international customers on trips all over the world. Having bootstrapped the business from scratch using our own funds in 2014, it felt like we had really got into our rhythm.

“The pandemic dealt Flash Pack a double-whammy blow. Not only were we in the centre of the storm of the decimated travel industry, our business model also revolves around bringing small groups of strangers together – hardly ideal in an age of social distancing.

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