is anyone following this stock?, page-18

Thanks timber

*Valar is a vehicle of Peter Thiel(Foundr of PayPpal, and
seed investor in Facebook)

----------------------------------

Xero raises NZ$60m from US investors


“Over the past two years of our involvement with Xero, we have seen the team consistently meet and exceed their ambitious goals,”
says Andrew McCormack of Valar Ventures.
“The combination of an experienced and focused team, superlative product, good timing and an absolutely huge market give us confidence that Xero has a very long runway.”


David E. Goel, Managing Member of Matrix Capital Management, says

“we have witnessed the disruptive power of cloud computing across the technology universe, and believe Xero is the global market leader in cloud-based small business accounting software.

Xero differentiates itself, not only as a model for accountancy, but also as a harbinger for where all software companies will have to go if they want to remain relevant.

The future is in the cloud, Xero is already there, and we want to be there.”



http://blog.xero.com/category/news/

T
here are at least 3,000,000 SME in America.

(Xero connects at Sleeter Conference
Over half the attendees are Certified Professional Accountants (CPAs), and attendee firms employ over 5,000 tax and accounting professionals who provide services to over 500,000 businesses)

After NZX, ASX, next stop is surely Nasdaq, perhaps b4 Christmas 2013 (?)