From £2,000 to £400m – Autonomy co-founder Mike Lynch's transformation from academic to technology entrepreneur was incredibly successful
Michael Lynch is a rare example of a top class European academic who not only made the transition to technology entrepreneur but went on to create a global company.
Born in Ireland, Lynch was raised near Chelmsford in Essex, where his mother was a nurse and his father a fireman.
At Cambridge University, he studied physics, mathematics and biochemistry, eventually specialising in adaptive pattern recognition. His doctoral thesis is reportedly one of the most widely read pieces of research in the university library.
He formed his first company in the 1980s, with a £2,000 loan from the manager of a band, producing audio products for the recording industry.
Later he specialised in automatic number plate, fingerprint and facial recognition software for the police.
Autonomy was created in 1996, and last year Lynch was estimated to hold a personal fortune of £400m.
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Source: http://www.guardian.co.uk/business/2011/aug/19/profile-mike-lynch-autonomy
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