SaaS, Business, Strategy, Web 2.0, Collaboration and a whole lot more
News here of a JV designed to provide enabling for startup SaaS businesses.
A good example of business 2.0. Smart, dynamic and organic partnerships that provide enabling for others with smart business ideas. In the absence of big hitters to give advice, capital and developmental nous, this is a great way to provide a leg-up for a SaaS startup.
Check this out. BF market cap plummets simply through the sale of $1000 shares. Apparently a number of investors paid for their shares with credit cards. Sheesh – I can’t believe how New Zealanders could go onto an IPO like this without proper assessment.
I liken it to the current residential investment property boom – ma and pa investors jumping on the tail end of a plateauing market.
Yet another reason that we need some high level financial literacy education in our curriculum.
Unlimited Magazine have asked me to write a regular piece about my take on being in business here in New Zealand.
The August issue just came out and it’s looking great (my own article aside). Unlimited is a great magazine, I’ve enjoyed reading it for years and am pleased and proud to now be a contributor.
Check it out at your nearest magazine shop (or online!)
Does anyone else out there cringe at the diatribe currently spinning around regarding the proposed acquisition of Auckland International Airport by a UAE based entity?
It seems to me yet another example of good old Kiwi tall poppy syndrome/xenophobia/parochialism.
For the record;
We can’t have it both ways – it’s either 70’s isolationism a la Muldoon or we go for the global village strategy – and if we go back to isolationism…..
No more widescreen LCD TV’s and cheap late model cars anymore….
A friend (OK OK a facebook contact) sent me this link.
Without being all right wing and going on and on about how ACT was sent here to save our souls (god forbid!) it does have to be said that some of the dichotomies mentioned on the page are indeed interesting. For those that don’t click links check out below.
So we want to be a first world country and still retain our egalatarianism and yet we find ourselves able to;
Food for thought?
Seth has a great post over here asking if email is on it’s way out.
The gist of the post is that email is very web1.0 and will eventually be superseded by something bigger, better and more web based (which sounds a little counter intuitive). Or at least something more akin to an open, organic and dynamic service that email currently isn’t.
I think Seth was a little optimistic with his time estimates, incumbency equals inertia and it’ll take a lot to drag email down. It’s become ingrained in our collective psyche in the same way that standard delivery television and landlines have.
And yes both those things will pass but much less rapidly than could be possible.
An excellent post here by Will Schroeter who questions the view that it’s always better to own a small piece of a big business than a big piece of a small business.
Will concludes that often it’s better to keep growing a closely held small enterprise as the returns outweigh those of the “partner to own a small slice of something bigger” route.
Not so relevant to us here in NZ where achieving scale to “cross the chasm” is paramount, and size of enterprise helps the chasm crossing journey, but interesting nonetheless.
It would be interesting to do some analysis of the fundamentals for NZ businesses and what scale is optimum for achieving momentum.
British Telecom’s recently announced first quarter performance:
BT is pushing itself as a service-centric organisation bundling service products and systems to deliver WHAT THEIR CUSTOMERS WANT
It’s an important change that will continue to gain momentum – a move from technology-centric operations to customer-centric ones. With it we’ll see an upswing in SOA and a resulting increase in SaaS and other service oriented offerings. Also the partnering of disparate organisations on specific projects in order to maximise the meeting of customers specific requirements.
Technology is only a tool and should first and foremost be concerned with enabling people and organisations.
I’m really going to have to find something new to blog about. Here I was thinking that SaaS was sufficiently esoteric and “backroom” to keep me a little aloof and what happens?, NZTE does a SaaS expose in its magazine.
The July/August edition of bright, the NZTE hat tip to all thing good, great and growthful in the NZ economy has a three page spread showcasing SaaS in general and Xero in particular.
While somewhat low-brow (I assume 99% of the bright readership will have never heard of SaaS or Xero before) the article does have some interesting points. In a hint of the strategy that Xero must be building towards, Rod is quoted as saying “…Saas provides the opportunity to meet the SME need and…to aggregate the fragmented spend.
Go SaaS, go Xero and go hi-growth enterprise in the NZ economy!
Only $5.25mill of the $15mill on offer were subscribed for the Burger Fuel IPO. The founders have split the difference to make it to the $8mill minimum listing requirement.
Compare for a minute the Burger Fuel and Xero IPO’s. Xero’s was traditional and professional, BF’s quirky and novel.
Sorry guys but young, hip, vibrant gen y-ers don’t general invest in IPO’s. It’s the Ma and Pa investors (not to mention the investment firms) that you want to get onside. Xero didn’t, BF did – to (mis)quote Mchael Cullen – “they won, you lost. Eat that……with fries?”
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