Some Xero Analysis
A month or so ago I was asked to provide some comment for the Natonal Business Review to go with Xero’s full year financial report. I was positive but with reservations and comments. In response to my...
View ArticleXero Buys Paycycle and Clarifies US Market Entry
At its AGM today, Xero announced a number of things, one of which was the acquisition of Australian payroll provider Paycycle in a deal worth $1.5M. When Xero launched they went on record as saying...
View ArticleEasing the On Ramp–Xero Makes a Logical Move, Three Years On
Around three years ago, before some “heated” discussions made communication between us a little strained, I spent a fair amount of time talking with Xero CEO Rod Drury around the Cloud/SaaS market...
View ArticleXero Market Update–Hockeystick Achieved
Xero has just given a market update in advance of heir partner conference next week. The numbers are all heading in the right direction despite the fact that Xero is yet to break even – previous market...
View ArticleXero Raises Another Round and Acquires WorkFlowMax
Exciting news today from Xero ahead of their user conference tomorrow that spans two important announcements. I’ll cover them individually. $20M Raised from Existing Shareholders Existing shareholders...
View ArticleRumors Suggest Xero to Announce Acquisitions at Xerocon
Update 2 – Well, it seems I was right – as I predicted Xero did not acquire Vend and did acquire a practice management vendors (Spotlight Workpapers whom I referred to in a previous post). This gives...
View ArticleXero Hits Escape Velocity With 100000 Customers Count
Xero held its annual meeting last week and detailed its current performance. Xero annual meetings are always an interesting event, Xero has an incredibly supportive shareholder base, while most...
View ArticleXero Rolls Out Some More Network Effects and Faces Some Criticism. Some...
Xero (disclosure – I’ve done a tiny bit of consulting for Xero and am co-founder of LiveMigrate, a service that migrates businesses from desktop accounting applications to Xero) rolled out a new update...
View ArticleXero Raises a Truckload of Cash from US Funds
Last week the announcement came that Xero had secured a huge investment round from US venture funds Valar Ventures (backed by Facebook founder Peter Thiel) and Matrix Capital Management. I’ve spent...
View ArticleThe Xero Share Price – One Pundit’s Analysis
In recent weeks the share price for listed cloud accounting vendor Xero has risen at an incredibly fast rate. The company, which has around 140000 paying customers globally and is yet to turn a profit,...
View ArticleSMB Stock and Inventory from Quote Stock Sell
Inventory is a critical part of any business that works in the real (ie physical) world. However given the seeming unquenchable excitement for the virtual world, inventory is sadly often dismissed down...
View ArticleCloud Financials on the Up and Up
For a long time the traditional financial vendors dismissed the cloud upstarts as little more than amateur providers that caused no challenge to their own market share – in their mind “real” businesses...
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