The story
Way started his first company 'Quad', a computer consultancy, at age 15. At the age of 19 he raised £25 million from Jersey-based venture capitalist to create an online shopping comparison technology called Pulsar. However, after a dispute with the investors in 2001 he was diluted out of the business and lost everything. It is reported that he was in the under thirties Sunday Times Rich List 2001 on the same day he could not buy a tube ticket.
He won "New Business Millennium Young Entrepreneur of the Year" in 2000 which was given to him by Gordon Brown. After receiving this award he went on to advise both the White House and the UK government on technology as well as joining the internet incubator NetB2B2 PLC as a non-executive. After this he headed up technical and environmental investments and due-diligence for the Rotch Property Group.
He currently runs The Rainmakers, an innovation and incubation company, through this he got involved with a number of start up companies, including the online mentoring company Horsesmouth, language learning company FriendsAbroad which was sold to Babbel. During this time he was also chief innovation officer for Brightstation Ventures a $100m technology VC fund started by Dan Wagner and Shaa Wasmund.
In 2012 he moved to San Francisco.
From Wikipedia’s article on Freetricity, shared under CC BY-SA 4.0.3