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The co-founders of Lastminute.com, Brent Hoberman and Martha Lane Fox are reuniting for a new web venture - an interior design website.

Mydeco.com aims to become a one-stop shop for people who want to redecorate their homes, selling furniture and other items, as well as giving help and advice.

Lane Fox, who last week joined M&S as a non-exec director, will become a part-time director of Mydeco. Hoberman is executive chairman.

According to The Times, Mydeco will be one of the largest European tech startups, having raised around £5m in seed capital.

The pair founded lastminute.com in 1998, making the company into the country's best known travel site, before selling the firm in 2005.

Graham Charlton

Published 29 May, 2007 by Graham Charlton

Graham Charlton is the former Editor-in-Chief at Econsultancy. Follow him on Twitter or connect via Linkedin or Google+

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