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Fri 11 Nov 2009Exploring new world of opportunity
THE FRIDAY INTERVIEW - Ray Nolan, technology entrepreneur: AT $340 MILLION (about €230 million), Ray Nolan’s baby last week became the single-largest company exit of the past decade in Ireland, surpassing E-Tel, Iona Technologies, StockByte and Sterile Technologies.
But Nolan, co-founder of Web Reservations International (WRI), the parent company of the hugely successful Hostelworld.com accommodation booking site, travel site Boo.com and other properties, hasn’t rushed out to spend any of the $100 million or so that he confirms he banked over the years from WRI.
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