7th-Jan-22, 04:05 PM
You may have seen a story about Hornby and Scalextric tucked away in the business pages a couple of days ago. Henry de Zoete, a young, wealthy and talented entrepreneur has joined the Hornby board as a non-executive director. Speaking to the media on Tuesday, de Zoete said...
Quote:Hornby, Scalextric, Corgi, Humbrol and Airfix are all incredible heritage brands that I grew up with. I am really excited to give strategic input as the brilliant team focuses on digital transformation and growth, to build the business for generations to come.
De Zoete's biography is impressive. Starting out with renowned Silicon Valley start-up accelerator Y Combinator, in 2014 he co-founded The Big Deal, which used tech to facilitate collective bargaining for consumers. In 2018, he went on to establish Look After My Bills, a tech start-up which became the largest auto-switching service in the UK, saving families money on their gas and electricity. After raising global investment and securing the best deal in the history of BBC’s Dragons’ Den, Look After My Bills was acquired by GoCompare in July 2019. De Zoete has also served on the Board of the influential grassroots campaigning organisation 38 Degrees, was involved with the successful Vote Leave campaign and was a Special Adviser in the Department for Education from 2010 to 2014.
The news this morning was encouraging...
Quote:The Hornby share price closed up 10.6% yesterday, with another 3% of gains added in early trading today, after the scale models company announced the appointment of the angel investor Henry de Zoete as a non-executive director. Markets clearly approved the potential impact of de Zoete, who is a graduate of the renowned Silicon Valley start-up accelerator, Y Combinator and serial entrepreneur.
More here: https://www.tradingandinvestmentnews.co....-director/