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Xero boss crowned top entrepreneur
By Ben Chapman-Smith
5:30 AM Friday Oct 18, 2013
...Most of the interest in Xero's shares was coming out of the United States where investors were "very aware" of the transition to cloud-based services, he said.
It was still early days in that transition, with most of America's 29 million small businesses yet to move into the cloud.
"We [Xero] called it early and have had years of building that platform. We're at the beginning of a five to 10-year boom."
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11141875
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...Founder and chief executive Rod Drury was yesterday named entrepreneur of the year in awards sponsored by EY.
Members of the team at Xero praised Drury's hands-on management style.
"Rod still wants to be involved in everything," chief revenue officer Stuart McLean said, "which is great because sometimes you get CEOs who decide when they have made their money, they want to chill out on the beach and let someone else run it.
"That is so not Rod. Rod is just manic on everything. He'll duck-dive in, jump back out. He hasn't got any airs or graces. He doesn't expect anyone to bow down to him because he is the CEO."
http://www.stuff.co.nz/business/industries/9299658/Xero-share-march-continues
