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Ben Way is a
serial entrepreneur Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values th ...
and author best known for his appearance on ''
Secret Millionaire Secrecy is the practice of hiding information from certain individuals or groups who do not have the "need to know", perhaps while sharing it with other individuals. That which is kept hidden is known as the secret. Secrecy is often controvers ...
'', '' The Startup Kids'' and as a cast member on '' Start-Ups: Silicon Valley'', he started his first company at the age of 15. He went on to raise £25 million in his teens making him one of the first dot com millionaires.


Early life

Way grew up in a village in
Devon Devon ( , historically known as Devonshire , ) is a ceremonial and non-metropolitan county in South West England. The most populous settlement in Devon is the city of Plymouth, followed by Devon's county town, the city of Exeter. Devo ...
. His parents divorced when he was young. He has a sister, Hermione Way, who is a journalist and appeared on a reality TV show with him; they were separated from each other at an early age. Way was diagnosed with dyslexia at a young age and was told by his teachers he would never read or write; however, Way describes his Dyslexia as an advantage.


Business history

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 James Gordon Brown (born 20 February 1951) is a British former politician who served as Prime Minister of the United Kingdom and Leader of the Labour Party from 2007 to 2010. He previously served as Chancellor of the Exchequer in Tony B ...
. 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.


Business ventures

Way is involved in a large number of startup companies that are listed on the Rainmakers Global website, such as GoDine, the restaurant booking service; FuelMyBlog, the blogging product review service; Truevoo, the iPhone apps store review service; an SME advice service called Smarta; and a graduate recruitment company called BraveNewTalent. In 2009 Rainmakers opened a United States (US) branch and consequently became involved in a number of US startups, including Traffic Spaces, the ad management platform, and BoostCTR, the
Google Google LLC () is an American Multinational corporation, multinational technology company focusing on Search Engine, search engine technology, online advertising, cloud computing, software, computer software, quantum computing, e-commerce, ar ...
adwords optimizer. He is also one of the founders of Alpha Concierge Matchmaking, which describes itself as the world's most exclusive matchmaking app. Way was also involved in a number of green start-up companies, such as SellMyMobile and SellCell, and is a cofounder with Paul Williams of Freetricity, a renewable energy provider based in the UK and the US. Way is the founder of Viapost, an online postal company. The POIP service allows printing of documents over the internet which are then sent by Royal Mail. He is involved in his sister's production company Newspepper, a citizen journalism site that covers a large number of UK tech sector events. In 2011 he worked with the founding team at TradeHill the first US crypto exchange on the
Bitcoin.com Bitcoin.com is a bitcoin exchange and cryptocurrency wallet developer. Products and services As a cryptocurrency company, Bitcoin.com provides products, services, and information related to the purchasing, selling, storing, and using of cryptoc ...
deal. Way and Hermione Way developed GoIgnite, a health and lifestyle smartphone app and hardware for the Bravo TV reality television show they both appeared in.


Television, film, and media

In 1999 Way was featured on ''Britain's Richest Kids'' on ITV. After this he appeared on a number of television shows including ''Big Breakfast'', partly due to some unusual restrictions on his personal life. In 2006, he appeared on the Channel 4 TV show ''
Secret Millionaire Secrecy is the practice of hiding information from certain individuals or groups who do not have the "need to know", perhaps while sharing it with other individuals. That which is kept hidden is known as the secret. Secrecy is often controvers ...
'' where he gave away £40,000 in a philanthropic act after spending two weeks in Hackney as a volunteer. £20,000 was given to a youth organisation, £10,000 to a young entrepreneur, and another £10,000 as a thank you to one key member of the Hackney community. He subsequently appeared in the follow-up program ''Secret Millionaire Changed My Life''. In 2008 has appeared on a Channel Four, ''3 Minute Wonder'' on
Robotics Robotics is an interdisciplinary branch of computer science and engineering. Robotics involves design, construction, operation, and use of robots. The goal of robotics is to design machines that can help and assist humans. Robotics integrate ...
and as a "Web Guru" on Sky News. He has written for a number of publications including ''The Telegraph'', City AM and a chapter in ''How to be a Teenage Millionaire''. Ben appeared on ITV's '' Take Me Out'' dating show on 20 February 2010, on which he declared his personal wealth as £10m, also taking Daisy Gigg out on a date. In 2012 he appeared as one of the main cast on Bravo's TV Show '' Start-Ups: Silicon Valley'' with his sister Hermione Way working on an mHealth innovation called Ignite and raising $500,000 for it from investors including
Esther Dyson Esther Dyson (born 14 July 1951) is a Swiss-born American investor, journalist, author, commentator and philanthropist. She is the executive founder of Wellville, a nonprofit project focused on improving equitable wellbeing. Dyson is also an ang ...
. He was one of the Entrepreneurs featured in the highly successful documentary ''The Startup Kids'' about the startup culture in San Francisco and the USA. In 2013 he wrote a book called ''Jobocalypse: The End of Human Jobs and How Robots will Replace Them''.


Supported charities and organizations

He has been involved with a number of charitable organizations, most notably his support of the Pedro Club and a youth club from Hackney which he gave money to through ''
The Secret Millionaire ''The Secret Millionaire'' is a reality television show which originated in the UK, in which millionaires go incognito into impoverished communities and agree to give away tens of thousands of pounds (or tens of thousands of dollars in the US and ...
''. He is also the patron of Social Firms an organization dedicated to getting employment for people with disabilities. He has acted as a judge on behalf of a number of charities including Anne Frank Awards and Unlimited Awards as well as having been an advisor to the charities Edge and Nesta.


Awards

*New Business Millennium Young Entrepreneur of the Year *Young Gun 2007


Politics

Way stood as a Liberal Democrat candidate in Bayswater Ward in the City of Westminster.CITY OF WESTMINSTER. ELECTION OF CITY COUNCILLORS. BAYSWATER WARD. DECLARATION OF RESULT OF POLL
Date of Election: 4 May 2006
Way is an advocate for immigration reform after having his own immigration challenges while moving to the United States, and works with Mayor Bloomberg's Partnership for a New American Economy and the
White House The White House is the official residence and workplace of the president of the United States. It is located at 1600 Pennsylvania Avenue NW in Washington, D.C., and has been the residence of every U.S. president since John Adams in ...
.


Bibliography

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References


External links


Rainmakers Global
{{DEFAULTSORT:Way, Ben 1980 births Living people Mass media people from Exeter Businesspeople from Exeter Futurologists Participants in American reality television series American technology writers People with dyslexia