Making sense of Xero’s valuation
findthemoat Xero polarises public equity investors. A company with only $17m of hard tangible assets generating hefty quarter-on-quarter losses does not often appear on the ASX/NZSE with a $2bn valuation. However,…
Lessons from the Temple & Webster IPO
One of my favourite books in recent years is What I learned losing a million dollars. The lesson is a very simple one and in short there’s a million ways…