Category Archives: NZ Business

Learning from Theranos

The last round of VC investors into Theranos makes for somber reading. In March 2015 Theranos raised an estimated US$573 million for their 6th round, making a total of $750 million raised. Their 7th round, for $200m, has apparently blown up … Continue reading

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20 Obvious things for Auckland and time for a new Council

We can easily forget that most people don’t read Transport Blog, find The High Cost of Free Parking obvious or understand that great cities are great to walk in – and lousy to drive in. Many of us have lived overseas though, and we … Continue reading

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Do we live in a tax paradise?

For a society that provides a full range of services aren’t we remarkably low-taxed in New Zealand? I was comparing notes with my Australian-based brother this week, and the differences are stark. Our top income tax rate is 33%, and we … Continue reading

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Punakaiki Fund invests in NZ Artesian Water

Crosspost from Punakaiki Fund. New Investment: NZ Artesian Water We’ve seen plenty of headlines recently about offshore companies bottling our water and making fortunes. So when I met Nelson-based Kiwis Andrew Strang and Wayne Herring through a Better by Capital engagement, I was eager to … Continue reading

Posted in NZ Business

The latest SCIF term sheets – the Punakaiki Fund mark-up

At Punakaiki Fund we like to keep things simple, and we encourage other investors and all founders to do the same. However in past years the contracts used for many NZ-VIF/SCIF deals have been arguably quite toxic against founders, and these … Continue reading

Posted in NZ Business

Is there a future in food for New Zealand?

New Zealand’s traditional leadership in agriculture is due to our land, climate, hard work and invention from generations of farmers, and our universities and business that have supported them with increasingly valuable technology. But our position is under threat, not today, but in the medium term … Continue reading

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Is NZVIF Directionally Correct?

The New Zealand Venture Investment Fund was set up 14 years ago with the best intentions – to foster an early stage investment sector in New Zealand by being a fund of funds. It’s has $250 million for VC and … Continue reading

Posted in NZ Business | 3 Comments