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..., a programme supporting late-stage tech start-ups, According to people with knowledge of the process, Founders Forum, the networking group for entrepreneurs established by lastminute.com founder Brent Hoberman...
...A global media buying and marketing agency will be launched aimed at start-ups and smaller tech businesses backed by media executive Marc Boyan and Founders Forum boss Brent Hoberman....
...British media group Sky will back a £100mn investment fund set up by Brent Hoberman’s Founders Factory to support start-ups focused on climate-related technology....
...Brent Hoberman’s Founders Forum has agreed to take over Tech Nation, the UK industry lobby group that is being forced to shut after government funding for its schemes ended....
...That puts the company’s existing investors, which include Level Equity, Partech and co-founders Brent Hoberman and Ning Li, in a quandary....
...The Italian bank has established a joint venture with Founders Factory, whose co-founders include Brent Hoberman, as the lender seeks to strengthen its presence both within the UK and the wider tech sector...
...Hoberman said Griffith’s investment in Firstminute was small and dismissed any suggestion of a conflict of interest....
From Brent Hoberman, Chair, Founders Forum, Firstminute Capital, Founders Factory, London, WC2, UK
...Made.com, which was founded by entrepreneurs Ning Li and Brent Hoberman in 2010, boomed during the pandemic, thanks to its design-led furniture that proved popular with younger consumers....
...“There is a friction from Brexit without seeing the benefits yet,” says Hoberman. “That’s the challenge — turning it from a headwind to a tailwind.”...
...The parent company board said it expected that in due course its listing would be cancelled and the company, which was founded by entrepreneurs Ning Li and Brent Hoberman in 2009, would be wound up....
...Given the risk of reputational damage for Hoberman, it might have been better for him, as well as Made’s public market investors, had the company held off....
...Hoberman, who rose to fame in the late 1990s after co-founding Lastminute.com, said he had advocated a strategic sale when he was on the board....
...Made.com, founded by entrepreneurs Ning Li and Brent Hoberman in 2009, boomed during the pandemic thanks to its design-led furniture that was popular with younger consumers....
...Founders Ning Li and Brent Hoberman, along with some of the investors who had backed it as a private company, sold shares worth about £90mn in the IPO, which after expenses raised a similar amount of capital...
...A pessimist could be forgiven for fearing the company, co-founded by prominent entrepreneur Brent Hoberman, is returning to that state. Economic woes once again threaten the prospects of businesses....
...The group was founded in 1998 by British entrepreneurs Martha Lane Fox and Brent Hoberman, who exited the business in 2005....
...Backers include Finland’s Lifeline Ventures and Firstminute Capital, which was set up by lastminute.com co-founder Brent Hoberman....
...Hoberman adds that “it would be great to see the UK government make a bigger splash and pull for global talent to move to the UK”, as well as encourage large corporates to work more closely with start-ups...
UK institutional shareholder resistance to proposed changes is myopic
...Hoberman will not be a director of the quoted company. Read more here...
...Made.com sold 50m new shares in the IPO, raising £100m, while existing investors including co-founder Ning Li and Brent Hoberman sold 46.9m shares....
...Hoberman will not be a director of the quoted company....
...Taking the company public cuts Hoberman’s remaining stake from 7 per cent to less than 5.5 per cent....
...For a man known for going places, Brent Hoberman should be sitting comfortably....
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