New tech firm
FanDuel founder sets up in San Francisco
FanDuel cofounder Tom Griffiths has launched an online management training business on the west coast of America.
He is the last of the daily fantasy sports firm’s five co-founders to reveal his next move following their departure from the company over the last year.
He had been expected to set up in New York after joining Tech:NYC, a nonprofit member organisation that represents New York City’s growing technology sector.
Mr Griffiths, who was chief product officer, has set up San Francisco-based Hone which uses “the latest research and technology to deliver [training] in a convenient, continuous and measurable way”.
The news comes after fellow FanDuel cofounder Lesley Eccles revealed to Daily Business last month she is working on a new technology business in the well-being sector that is expected to launch later this year.
In January Nigel Eccles, who had been FanDuel chief executive, and Rob Jones, who had been head of design, launched eSports business Flick. He expects to launch a fund-raising exercise in the coming weeks.
Chris Stafford, who had been head of technology at the firm until he left in 2016, set up Edinburgh-based IT consultancy Amber 80 at the end of last year.
FanDuel was founded in Edinburgh and still employs 300 staff in the city and in Glasgow, although the headquarters is now in New York and the company is under new management.