Tim Steiner and Jonathan Faiman went to nursery school together, but the future of Waitrose’s online business appears to have created a bitter divide between them.
Mr Steiner, 49, and Mr Faiman, 50, grew up in north London and went on to work on the bond trading desk at Goldman Sachs with Jason Gissing, 48. The trio launched Ocado, the online grocery retailer, almost 20 years ago.
Ocado has since grown into a FTSE 100 company worth £9.5 billion. It is one of the few promising technology start-ups in Britain to develop into a global powerhouse in its field. Ocado has secured a series of technology licensing deals with international retailers such as Kroger in the US and Sobeys in Canada.
Tim Steiner and Jonathan Faiman went to nursery school together, but the future of Waitrose’s online business appears to have created a bitter divide between them.
Mr Steiner, 49, and Mr Faiman, 50, grew up in north London and went on to work on the bond trading desk at Goldman Sachs with Jason Gissing, 48. The trio launched Ocado, the online grocery retailer, almost 20 years ago.
Ocado has since grown into a FTSE 100 company worth £9.5 billion. It is one of the few promising technology start-ups in Britain to develop into a global powerhouse in its field. Ocado has secured a series of technology licensing deals with international retailers such as Kroger in the US and Sobeys in Canada.
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