US Portfolio – 2014

My main investment focus is on private companies in New Zealand, in 2014 through Punakaiki Fund and previous to that directly. However in the past I’ve occasionally tracked the performance of my US share portfolio, so let’s see how it did in 2014. The amounts are relatively small. Last year I have very little activity, continuing […]

Why we need Skypath

My submission on SkyPath, the proposed clip-on high tech walking and cycling path across Auckland Harbour Bridge. I used Generation Zero’s very simple tool. You can too. Skypath will bring economic benefit to the region, from tourists staying longer and more tourist-related businesses being created as they take advantage of the resource. Skypath will bring further economic benefit by substituting commuter motor vehicles […]

Punakaiki Fund news: New Funding and Vibe Communications

We re-invested in Vibe Communications I’m delighted to report that Punakaiki Fund this week reinvested in Vibe Communications, bringing the fund’s shareholding to 24%. The remainder of the shares are owned by the executive-founders, CEO and key staff. Vibe had a fantastic year in 2014, growing their network, launching new products and delivering for customers. It’s […]

Vibe appoints Rudi Hefer as CEO

Rudi ever started at Vibe Communications as Chief Commercial Officer back in August, and he has been leading strong growth in the business. I’m delighted that he’s now the CEO –  press release below: Vibe appoints Rudi Hefer as CEO Vibe is pleased to announce the apointment of Rudi Hefer as CEO at Vibe Communications. […]

Define Instruments Expands into South Africa

It’s always great to see companies grow – and Define Instruments recently took their first big leap. The team has followed existing international sales by setting up a South African office. It’s the first of many new overseas offices we hope to see over the next few years, as we seek to expand distribution and direct sales. […]

Portfolio Disclosure Oct 2014

A prompt from Rowan Simpson (16 investments, $4m) and Ben Kepes (14 investments, $500k) led me to update my own investment Portfolio page. I’ve personally invested $780,000 into 10 companies, and have equity received as a founder in several others, totalling over 15. Overall I’m really happy with the private investments. They are relatively small amounts […]

Set a high bar and never compromise

Laszlo Bock, Google’s SVP People Operations, shares three secrets for how Google recruits. He does this at the end of a presentation he gave at a Linked-In conference for recruiters. Action starts at 2m:40s. Laszlo doesn’t mention it, but these are exactly the same (with a bit more science these days) “secrets” that McKinsey and many other […]

Tracking the performance of the 1 hour Xero model

DISCLOSURE: I hold Xero shares.  Last year I built a very quick and dirty spreadsheet to analyse Xero, and wrote Valuing Xero – in one hour. The article was cross-posted to the NBR, where it attracted far more comments. More on those comments below. I used Xero’s September 013 earnings release (and only that earnings release) to feed the […]

Bonus growth for SaaS exporters

The currency fall has a wonderful effect for exporters, especially those who have most of their costs back here in New Zealand. As I write this, the NZD versus the USD has fallen about 10% since earlier this year. As an exampled of what this means I’ve made a simple spreadsheet estimating the impact on Xero. My take is that […]