| Name: | Martha Lane-Fox |
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| Current Position: | Co-founder | |
| Current Organisation: | lastminute.com |
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| Background: | Martha Lane Fox is the co-founder of lastminute.com, which sells late-breaking deals in travel, gift and entertainment over the internet. She and her business partner, Brent Hoberman, came to epitomise the new breed of internet entrepreneurs in London.
After graduating from Oxford with a degree in ancient and modern history, Martha became an associate at Spectrum Strategy Consultants, where she met Brent Hoberman. Her clients included the BBC and Canal Plus - handy companies to understand, as lastminute aims to extend its service offering from the internet to other channels, such as interactive television. Martha Lane-Fox then worked for a year as business development manager of Carlton Communication's initiatives in pay TV and digital channels. From there she joined Brent Hoberman at lastminute as chief operating officer. lastminute has grown rapidly, expanding into France, Germany and Sweden as well as buying other travel companies regularly. lastminute's success has attracted considerable government attention. Martha Lane-Fox has also been involved with the Government's Enterprise Initiative, talking to schools about entrepreneurship. The 30-year-old has been feted as the richest self-made entrepreneur in business history. She has founded and floated a £700 million company with 1,400 employees, negotiated the dotcom boom and bust and has come out the other side with £30 million. In November 2003 Martha stood down as Managing Director of lastminute.com to explore other opportunities. She remains a non-executive director of the company. |
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