Correct - never say never and time will tell no doubt. A...

Correct - never say never and time will tell no doubt.

A previous post referenced the book “Good to Great” - excellent read but like the book “Built to Last” businesses that mis-fire or miss their market, or dare I say are mis-managed actually don’t last. By way of example more than a 1/3 of the case studies in that book are either now non-existent or a shadow of their former glory.

The book best to encapsulate the Xero story thus far IMO is funnily enough “Zero to One”. Great read by Peter Thiel. One key message he promotes is to be truly successful you need to build a business that is repeatable, scalable and non-key man centric. IMO with this announcement Peter’s metric is about to be tested. As alsready said in this thread - time will tell.

NB - I am also not negative of this news if Rod is free’d up to trail blaze, innovate and grow the business and has delegated the “running” of the business to a team of specialists with the necessary skill sets to do just that.