I'd bet on Peter Theil every day of the week. He's what us know as the PayPal mafia. Basically everyone that came out if that company went on to start their own companies with Reid Hoffman at LinkedIn Elon Mysk with SpaceX and Tesla etc. these are top tier entrepreneurs they have thd winning formula.
I think Theil has what it takes to see Xero adoption skyrocket in the US market. Could be through partnerships and integration with LinkedIn and such to increase customer acquisition which is key.
No doubt in my mind Xero will be bought for over $1 bn. Watch the number of users not the revenue in the short term. Once users make the switch to Xero less likely to use Quickbooks which is like comparing Lotus 123 in the 80s to Excel 2011
I'd bet on Peter Theil every day of the week. He's what us know...
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Last
$159.62 |
Change
2.620(1.67%) |
Mkt cap ! $24.37B | |||
| Open | High | Low | Value | Volume |
| $158.16 | $159.76 | $157.83 | $51.08M | 321.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1187 | $159.61 |
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| Price($) | Vol. | No. |
|---|---|---|
| $159.80 | 141 | 1 |
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| XRO (ASX) Chart |