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Search resuls for: "Brent Hoberman"


9 mentions found


☆ Britain looks to upstage France with play for world's third major AI hub after U.S., China
  + stars: | 2024-06-26 | by ( Ryan Browne | ) www.cnbc.com   time to read: +7 min
But key challenges face the country as it looks to become the world's third-biggest AI hub. At the London Tech Week conference in the Olympia events venue earlier this month, tech executives from around the world touted London and the U.K. as a place to invest. London vs. FranceLondon is facing heated rivalry from France for the title of European AI leader. Can the UK keep its European AI crown? Seeking regulatory clarityAnother key source of uncertainty for tech leaders is the future of AI regulation in the U.K.
Persons: Mike Kemp, Alex Kendall, — Kendall, Wayve's, Brent Hoberman, Wayve, it's, Salesforce, Janet Coyle, Coyle, Arthur Mensch, Hanno Renner, that's, Europe's, CNBC's, Philip Belamant, Zilch, Matthew Holman, Cripps, Holman Organizations: Global, London Tech, Sage, Google, London, Partners, Viva Tech, Accel, CNBC, Mistral France Paris, Alpha, Alpha Germany Heidelberg, Face France Paris, France Paris, United, United Kingdom London, Kingdom London, Tech, European Union Locations: London, United Kingdom, China, Olympia, SoftBank, San Francisco, Vancouver . U.S, France London, France, Brazil, Silicon, Europe, Paris, Berlin, Alpha Germany, Germany, Brexit, Britain
☆ Autonomy founder Mike Lynch extradited to the U.S. to face fraud charges
  + stars: | 2023-05-12 | by ( Ryan Browne | ) www.cnbc.com   time to read: +3 min
Mike Lynch, former chief executive officer of Autonomy Corp departs the Rolls Building on June 27, 2019 in London, England. LONDON — British tech entrepreneur Mike Lynch has been extradited to the U.S. to face fraud charges in relation to the sale of his software company Autonomy to Hewlett Packard . He face charges of securities and wire fraud in relation to the sale of his company Autonomy to HP for $11 billion. Lynch isn't the first Autonomy employee to face charges in the U.S. Some in the U.K. tech industry believe that Lynch should not have been extradited.
☆ 'A huge relief': Startups react to Silicon Valley Bank UK's HSBC rescue deal
  + stars: | 2023-03-13 | by ( Jenni Reid | ) www.cnbc.com   time to read: +2 min
An entrance to the Alphabeta Building, which houses the offices of UK unit of Silicon Valley Bank, in the City of London, UK, on Monday, March 13, 2023. LONDON — U.K. startups are breathing a sigh of relief Monday, after HSBC announced it would buy a subsidiary of collapsed U.S. tech startup lender Silicon Valley Bank. "I think I speak on behalf of U.K. start-ups when we say this is a huge relief," he said. "SVB UK has a decent balance sheet which enabled HSBC to do this deal," he told CNBC by phone. SVB UK reported profit before tax of £88 million for 2022.
☆ BLOODBATH AVERTED: Inside the wild weekend that ended in Silicon Valley Bank UK selling for just $1
  + stars: | 2023-03-13 | by ( Callum Burroughs | Tasmin Lockwood | Riddhi Kanetkar | ) www.businessinsider.com   time to read: +8 min
The sale means UK startups and investors will be able to access their money. Like its US parent, SVB UK mostly served tech startups and their investors. Insider understands from a person close to SVB UK that there is some internal frustration at the bank run. The feeling is that SVB UK was sold off simply because of groupthink. That evening, it looked feasible that the government would allow SVB UK to collapse.
☆ LGBTQ+ founders face extra challenges when fundraising, with 75% hiding their sexual or gender identity, report finds
  + stars: | 2023-02-07 | by ( Riddhi Kanetkar | Tasmin Lockwood | ) www.businessinsider.com   time to read: +4 min
LGBTQ+ founders face extra barriers when fundraising, and many feel the need to conceal their identities. A new report tracking the experiences of LGBTQ+ founders and investors in the UK startup and venture capital ecosystem paints a dire picture. LGBTQ+ founders — especially those who identify as women and nonbinary — face additional barriers when fundraising, the report found. Cisgender refers to a person whose gender identity is the same as the sex assigned to them at birth. Funds could also commit a proportion of investment to diverse founders, including LGBTQ+ founders, the report's authors said.
☆ Internet pioneer Brent Hoberman has some advice for young entrepreneurs
  + stars: | 2022-12-02 | by ( Tania Bryer | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInternet pioneer Brent Hoberman has some advice for young entrepreneursBrent Hoberman founded two unicorn startups. Here, he tells Tania Bryer what a young person needs to do to be successful in business.
☆ The billion-dollar startup I founded just collapsed — here’s why
  + stars: | 2022-12-02 | by ( Tania Bryer | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe billion-dollar startup I founded just collapsed — here’s whyInternet pioneer Brent Hoberman shares his thoughts on why the online furniture retailer he co-founded, Made.com got into so much trouble.te
☆ I created a unicorn, but I had to fight to keep my job
  + stars: | 2022-12-02 | by ( Tania Bryer | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI created a unicorn, but I had to fight to keep my jobBrent Hoberman co-founded Lastminute.com, but when things got tough early on, he had to fight to keep his job. Here, for the first time, he recounts how the company's chairman tried to fire him.
☆ Nesta's VC arm just launched a $60 million fund to back social and climate impact startups. We got an exclusive look at the 13-slide pitch deck it used to sway its board.
  + stars: | 2022-11-30 | by ( Tasmin Lockwood | ) www.businessinsider.com   time to read: +4 min
The VC arm of the UK's social innovation agency Nesta just launched a £50 million ($60 million) fund. We got an exclusive look at the 13-slide pitch deck used to convince Nesta's board to launch the fund. While UK-focused, Nesta Impact Investments can invest in any geography as long as the company could have a positive impact on the UK market. In this portfolio, Nesta Impact Investments is running at 71% from minoritized or disadvantaged groups, according to Barclay. We got an exclusive look at the 13-slide pitch deck Nesta Impact Investments used to sell Nesta's board on the new fund.
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