Desmond revealed as nerd.com backer

‘Stealth’ start-up seeks talent

Dermot Desmond, who is backing a mystery venture Picture: Jason Clarke

Dermot Desmond, the billionaire financier, has emerged as the backer of a mysterious new start-up based in Dublin’s financial district.

The new venture was founded by Paul McCarthy-Brain, who was previously head of research and development at Desmond’s GBE Technologies - which created, among other companies, Betdaq, the online betting exchange.

The start-up has already created a buzz among Irish coders by launching a website called 6e657264.com that hints at its plans.

The ...