Comments on: Xero – to invest or not http://lancewiggs.com/2007/05/17/xero-to-invest-or-not/ NZ Internet, Media and Business Thu, 09 Feb 2012 09:02:16 +0000 hourly 1 http://wordpress.com/ By: Valuecruncher » Blog Archive » Xero - more on the IPO http://lancewiggs.com/2007/05/17/xero-to-invest-or-not/#comment-1099 Fri, 18 May 2007 04:05:31 +0000 http://lancewiggs.com/2007/05/17/xero-to-invest-or-not/#comment-1099 [...] it will actually be less than 100% but this is indicative analysis only).  We have seen analysis estimating company value at 10x EBITDA which is probably reasonable.  MYOB trades at 7.3x EBITDA, Sage at 14.0x EBITDA and Intuit at [...]

]]> By: sustento http://lancewiggs.com/2007/05/17/xero-to-invest-or-not/#comment-1058 Thu, 17 May 2007 01:41:32 +0000 http://lancewiggs.com/2007/05/17/xero-to-invest-or-not/#comment-1058 $55m seems very pricey but my main concern would be the ease for market players to provide the same model given that this is not a new technology.

I guess TradeMe managed it but that’s just NZ based. Can Xero get enough momentum to get into the UK and Aus before the bigger boys wake up.

Best of luck to them.

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