Did This Low Life Have to Resort to [problem]ming For a Living?
[PROBLEM If It looks Like a Duck, Quacks Like a Duck IT'S A DUCK]
DUKERIES MAN NETS A FORTUNE
Published on the
06 February 2001
00:00
A FORMER pupil of the Dukeries Centre at Ollerton has raked in £8m from the sale of his internet firm.
Geoff Laffoley-Lane (33) set up web-hosting company FDD with business partner Joe Kelly in 1997.
The company hosts a number of Internet Service Providers (ISPs), which allow companies and individuals to run websites.
Its customers include the Daily Telegraph, Eastman-Kodak and Siemens and last week it was sold in an all-cash deal to pan-European giant ISP Netscalibur, which has already acquired ISP providers in Italy and Germany.
Geoff, originally from Wellow and whose parents still live in the area, said FDD would eventually lose its name under the ownership of Netscalibur.
But he recalled how his time at the Dukeries saw the start of his interest in information technology.
I remember doing computer studies there when we first got the old BBC computers, he said. The sale was quite exciting. It’s not just the fact that we sold it, but that we sold it to a pan-European company.
Geoff s story could act as inspiration for other would-be entrepreneurs, as he believes it was the quality of service alone which saw the company grow.
We started three years ago with absolutely nothing, he added. We only had 500 and we couldn’t t get bank finance either. We didn’t t have any investment.
Geoff, who attended university in Portsmouth, now lives on the South Coast but also spends time in Oxfordshire, where FDD is based, as well as London and Nottinghamshire.