Friday 20 October 2017

Former fashion salesman-turned-design and manufacturing magnate Casey (50) is sitting on a potential billion-dollar company. The Corkman is now the go-to guy if Silicon Valley wants new hardware like earphones or a tablet.

Casey's San Francisco-based firm will design, manufacture and deliver the new product via its factory operations in China. Sales have busted through the $1bn mark and PCH has raised close to $50m from investors, with blue-chip venture capitalists Cross Creek and Triangle Peak Capital among its backers. He has a 34pc stake in the fast- growing business.

Casey has also made a fortune from being one of the earliest investors in payments firm Stripe, which is now worth $5bn just five years after being founded. He was also a backer of Pat Phelan's Trustev, which was bought for €40m last Christmas.

Online Editors

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