I’m his Mum. He’s moved out – 200 people work there now. They won’t fit in my house.

September 9, 2011 by Mark T Littlewood

One of the team here, Luke, just called the number we had for a Deloitte Fast 50 winner from last year to see if they were entering this year – the deadline is midnight 16th September. His Mum answered.

“I’m his Mum. He’s moved out – 200 people work there now. They won’t fit in my house.”

Just shows what you can do when you bootstrap a business and it goes right!

Contrary to most assumptions that venture capital is the fuel that feeds the UK’s fast growing technology companies, the overwhelming majority of the UK technology companies that have seen the highest revenue growth over the past five years are either self-funded or backed by angels.

We have run the Deloitte Fast 50 competition for the past few years and it has given us a really interesting view of the cream of the UK’s technology companies. The Deloitte Fast 50 is an objective ranking of the UK technology companies with the fastest growing revenue over a five year period. The entry deadline for this year’s award is 16th September.

Here is the list along with the sources of funding identified.

  • 2010 Rank, Company, Sector, % growth, Funding

If you want to enter the Deloitte Fast 50 deadline is 16th September.

By coincidence, that is about the time that the cost of attending out simply incredible Business of Software Conference goes up again. If you want to spend time in Boston (24-26th October) with some of the world’s best software entrepreneurs, and hear people like Professor Clayton Christensen talk about why and how entrepreneurial businesses can compete with Microsoft, Oracle and Salesforce go and see what is happening on the site now.

http://businessofsoftware.org/