Philip James is the Co - Founder of LOT18 in late 2010 with $3 million in funding.
It has raised about $44.5 million from investors including Accel Partners, New Enterprise Associates and FirstMark Capital.
James was previously the founder of wine site Snooth.com. Fortuna was previously the CEO of Quigo, an advertising technology company he sold to AOL Time Warner for $360 million in 2007.
Philip James founded Snooth in November 2006, prior to that he was Executive Vice President at The Wine Messenger (an online retailer of Wine).
Prior to Business School, Philip was an Analyst at Merrill Lynch, where he focused on Corporate Finance for the Technology sector.
Philip graduated from Oxford University in 1999 with a Masters in Chemistry and Columbia Business School in 2005 with his MBA. In addition he holds the Certified Specialist of Wine from the Society of Wine Educators.
Philip climbed Mount Everest in 2003 and played a role in the high altitude rescue of Conan Harrod from Everest's North Face.
|Mar 18, 2013||Mashable - There's a Corner on the Internet For Every Wine Drinker|
|Jul 19, 2012||TechCrunch - Wine Site Lot18 Downsizes Again: UK Operations To Shut Down This Week|
|Jul 19, 2012||New York Observer - Hungover After an Expansion Bender, Lot18 Pulls Out of the U.K., Lays Off Six|
|Jun 4, 2012||New York Observer - Deep-Pocketed Wine Site Lot18 Cuts 11 Employees, Scales Back After Heady Expansion|
|May 18, 2012||New York Observer - Lot18 Is Straight-Up Paying Unhappy Employees to Quit|
|Mar 1, 2012||The Next Web - Lot18 Launches in the UK Tomorrow|
|Feb 13, 2012||Fast Company - The Recommender: Tim Quirk, Kenneth Parks, Pete Holmes, And More On What They're Loving This Month|
|Jan 19, 2012||New York Observer - Layoffs at Lot18: 15 Percent of Employees Were Just Let Go From Fast-Growing Luxury Discount Site|