Original article by Rose Powell
The Australian Financial Review – Page: 24 : 25-Aug-15
Going public is like stepping onto a merry-go-round, says Rod Drury, CEO of accounting software start-up Xero. There is constant pressure from investors and every step is scrutinised. Private companies had the luxury of time and anonymity to deal with problems, but listed start-ups had to deal quickly with issues that hindered performance. On track to bring in $A200 million in 2015, Xero listed in 2007, just a year after it was launched in New Zealand.
CORPORATES
XERO LIMITED – ASX XRO, AFTERMAIL LIMITED, QUEST SOFTWARE INCORPORATED, 42 BELOW LIMITED