Mark Davies, a founder of Betfair and its former managing director, has left the betting exchange to run his own communications business. But was the parting entirely amicable?
On his blog, Davies - the son of BBC football commentator Barry - reports: "It's Betfair's 10th anniversary party tonight at the HAC in the City - what I suspect will be a fabulous event given the hard work that I know has gone into it from the events team. Many Betfairians have sent me notes asking if they will see me there, but disappointingly, the answer is no: sadly my ten years as an employee fell a week short of the official celebration, so I'm no longer invited. Lucky people who joined the company this week and can attend after five days' service!" Ouch.