For a more up to date profile see here
In this series of posts, I am going to be giving some background of me, my work and my industry. If you are an Investor, Founder or Entrepreneur, you might like to read on.
Firstly: Who am I?
So, I am Mike Hardcastle. You’ve never heard of me and I’ve never actively networked or made what I do public until now. If you want to pitch to me, then below is the first 5 minutes of conversation that we will have. If you want to get a head start, then read this, tell me and we can move right onto you.
An abridged history:
I started in the family company one year before it become public and floated on the full UK stock exchange. The firm was Densitron and it was a global electronics company. Despite it being my major, I wasn’t that interested in electronics, so I soon transferred to developing software for the mainframe computer. I wrote code in COBOL to develop an accounting system later on migrating to an obscure 4GL on DEC microVAX and Alpha. I realised I was never going to be the best coder, so I become more involved in infrastructure. In 1989, I discovered the Internet, I became involved in a group that campaigned to allow commercial traffic on the public Internet. Members of that group went on to create much of the commercial Internet we see today.
In 1994, I started a business developing and hosting websites, this grew rapidly into a data centre business and eventually caught the eye of the city transforming Densitron into a dot com business, inflating the share price 10 fold.
After the dot com crash in 2000, the share price normalised and we became a target for takeover. The takeover happened in 2002/3, so we sold our shares and proceeded to support several MBO’s.
We exited the last of the MBO’s in 2012 and since then, have been active in “external investing”. We offer trade finance and board expertise to mid sized £3M+ market cap companies and invest in Tech startups primarily in London and Oxford.
Next I will be publishing my guiding principles for investing.
Follow me on twitter @mdhardcastle to keep posted.