Did anyone notice that little bit of important information in today's presentation about what Jim Dorrian has done is the past??
Quite pertinent I would have thought - (look at the little bit of info about what he sold to paypal on page 14 of today's announcement)
For those of you who are wondering who is driving 4DS - Here is some information about the chairman.
He is certainly no Johnny Come Lately
A very interesting article from the AFR in 2016 on Jim Dorrian
http://www.copyright link/leadershi...eran-on-taking-4ds-to-the-asx-20160927-grp9ee
Here are the important points to note - quite massive I would suggest
"Jim Dorrian has done well from Silicon Valley – he founded a company that sold to Oracle for $4 billion in 2007"
"Arbor Software developed and, in 1997, sold technology which eventually became Oracle's ubiquitous Essbase database management platform."
Dorrian, who made another fortune post-Arbor as a general partner at Crosspoint Venture Partners, where deals included Bill Me Later's $1 billion acquisition by Paypal in 2008, was confident 4DS could become his biggest deal ever.
Do you think you should follow and back someone who has walked the walk and has a hugely successful track record in tech start ups? He is the real deal. That is very rare with spec stocks and start ups. - usually they are unknowns with no track record and most amount to nothing. Would rather have my money on a proven performer and winner.
How good is it that we have him steering the 4DS ship???
This is the most exciting bit - from someone who has already created a $4 billion company as well as $1 billion company:
Dorrian is "confident 4DS could become his biggest deal ever."
