Lastminute.com founder @brenthoberman & Bebo’s Michael Birch launch investment fund for tech start-ups http://is.gd/tkZY

A little more detail on TechCrunch which adds a European dimension to the news.

Interesting timing with news in today’s DT that the Chancellor is due to postpone the launch of a rescue fund for technology companies that investors say are being starved of venture capital.