Comments on: Rhetorical question of the day… http://www.diversity.net.nz/rhetorical-question-of-the-day/2008/03/17/ Commentary and Analysis for User-Centered Technology Fri, 10 Feb 2012 03:02:25 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Paul Lattimore http://www.diversity.net.nz/rhetorical-question-of-the-day/2008/03/17/comment-page-1/#comment-1697 Paul Lattimore Tue, 18 Mar 2008 04:49:11 +0000 http://diversity.net.nz/rhetorical-question-of-the-day/2008/03/17/#comment-1697 Shaneo, Given that the plan was to raise 15 million only would you have preferred that Xero sold 30 million at 50 cents each? The word "fleeced" is only used by those that can't see the strategy that lay behind the float itself - get the working capital in place to make sure the job can get done properly, and the instant credibility needed when dealing with accountants half a world away. Shaneo,

Given that the plan was to raise 15 million only would you have preferred that Xero sold 30 million at 50 cents each?

The word “fleeced” is only used by those that can’t see the strategy that lay behind the float itself – get the working capital in place to make sure the job can get done properly, and the instant credibility needed when dealing with accountants half a world away.

]]> By: Ben Kepes http://www.diversity.net.nz/rhetorical-question-of-the-day/2008/03/17/comment-page-1/#comment-1694 Ben Kepes Tue, 18 Mar 2008 01:03:47 +0000 http://diversity.net.nz/rhetorical-question-of-the-day/2008/03/17/#comment-1694 Shaneo I think fleeced is a little harsh, don't you? Shaneo

I think fleeced is a little harsh, don’t you?

]]> By: Shaneo http://www.diversity.net.nz/rhetorical-question-of-the-day/2008/03/17/comment-page-1/#comment-1691 Shaneo Tue, 18 Mar 2008 00:36:59 +0000 http://diversity.net.nz/rhetorical-question-of-the-day/2008/03/17/#comment-1691 Good news for Rod, not so for those investors that were fleeced for equity priced at $1 a share. I welcome a free market with minimal regulation and certainly acknowledge that investors can to choose where they place capital, but really, this was an over priced and over hyped float. I like the Xero business model and am tempted myself to pick up some stock at the more realistic 70 cent level. Shaneo Good news for Rod, not so for those investors that were fleeced for equity priced at $1 a share.

I welcome a free market with minimal regulation and certainly acknowledge that investors can to choose where they place capital, but really, this was an over priced and over hyped float.

I like the Xero business model and am tempted myself to pick up some stock at the more realistic 70 cent level.

Shaneo

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