Brent Hoberman

Author: Stephan Salat

Brent Hoberman co-founded lastminute.com in April 1998 with Martha Lane Fox. As CEO, Brent increased profits substantially, with gross bookings of over $2bn. The company floated in March 2000 when the dot-com bubble was at its peak - the IPO was 40 times oversubscribed and the price increase during the process was a record for a UK company. Lastminute.com acquired 14 businesses after its IPO, supplementing the annual growth of the core brand, which was over 100% from 1998 - 2004. In 2005, lastminute.com was sold to Sabre for $1.1bn.

Brent also founded mydeco, an innovative online service for home design and furniture.

He is Governor of the University of the Arts College, London and a Non-Executive Board Director of Guardian Media Group. Since January 2007, he has taken on the role of Non-Executive Chairman of Wayn.com, a travel and leisure social network with over 10 million members. Brent is also an angel investor in several internet companies.

 

0 comments· May 09, 2008 · 03:38 PM· Permalink· Trackback-URL