Tech Track 100 best management team award 2011
The Tech Track 100 best management team award, sponsored by BDO, was presented by national head of TMT Julian Frost to Steven Oliver and Walter Gleeson, co-founders of musicMagpie.co.uk. The company lets people trade their CDs and DVDs for cash on its website, and gives its valuations after people scan the barcodes using their webcam. Sales grew 205% a year from an annualised £1.1m in 2008 to £30.8m in 2011. Allan Leighton joined as chairman in April, when the company raised £10m from private equity firm LDC.
To view musicMagpie.co.uk's company profile click here.