Could Auckland attract or retain the next Amazon?

I had idly thought that Amazon’s RFP for  a second headquarters  location could be answered by Auckland. Sadly, albeit unsurprisingly, the request is for a North American location. Perhaps we should still try –  after all the size of the prize is enormous: Amazon is careful to show that they will create value well beyond that […]

Punakaiki Fund 2017 Annual Report

We released the Punakaiki Fund 2017 Annual Report last week. The assets have grown from $1.5 million in April 2014 to $28.4 million at the end of March 2017, with the iNAV/Share rising from $10 to $20.10 in the same period. The iNAV is the “investor net asset value per share” and not a GAAP measure. […]

Punakaiki Fund Exceeds Expectations from 2015 Crowdfunding Offer and makes Three New Investments.

A press release from Punakaiki Fund. Punakaiki Fund Limited is raising capital through a Product Disclosure Statement (PDS). Investors may apply at Punakaikifund.co.nz/InvestNow or via Snowball Effect. PRESS RELEASE 19 December 2016 Punakaiki Fund Exceeds Expectations from 2015 Crowdfunding Offer and makes Three New Investments. Punakaiki Fund has exceeded its Key Performance Indicators (KPIs) set as part of the June 2015 […]

Punakaiki Fund Extending 2016 Offer

Punakaiki Fund Limited is raising capital through a Product Disclosure Statement (PDS). You can apply for shares Online with Punakaiki Fund, via Snowball Effect or by filling out and sending in the application form on the PDS.   We have kept relatively quiet at Punakaiki Fund while everyone has coped with the US election result and then the huge earthquake and aftershocks. It […]

Trump’s Plan and Potential Impacts on NZ

As this post mentions Punakaiki Fund Limited it could be construed as an advertisement for our public offer for New Zealand residents. So here is the link to the Product Disclosure Statement and you can invest online at Snowball Effect or directly with us.   The main reason for the post about Trump yesterday was to make the point that the US economy […]

What can we learn from Wynyard’s Voluntary Administration?

It is sad to see that the administrators called into Wynyard Group today. This should never happen, especially to what was a very well funded company. The cause is made pretty clear from the revenue and expense chart below: (Source – Wynyard annual and interim reports. Please don’t quote this – the 2016 half year numbers […]

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 before completion. Theranos was selling a blood testing service that apparently needed tiny amounts of […]

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 just tend to forget just how things worked over there and what is missing here.  […]

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 see how their New Zealand Artesian Water business (NZAW) was progressing. The answer was “very well”, […]