Trade Resources Company News Mike Lynch Is to Set up a Technology Investment Fund to Support New Companies

Mike Lynch Is to Set up a Technology Investment Fund to Support New Companies

Mike Lynch, founder of Autonomy, is to set up a technology investment fund to support new companies, reports Bloomberg.

Lynch sold Autonomy to HP for over $10bn last August, and left HP in May.

He had 8% of Autonomy's equity worth around $800m.

Lynch's fund will be based in London but will invest worldwide.

It is said that a number of other Autonomy ex-execs will join Lynch in running the fund.

 

 

 

Source: http://www.electronicsweekly.com/Articles/2012/07/20/54172/autonomy-founder-sets-up-tech-fund.htm
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Autonomy Founder Sets up Tech Fund