Xero IPO’s and Brings their Plans to Life

Raising Capital, success | Tim Norton | 1 Comment

XeroIt’s been a great week for PlanHQ, heaps of new customers bringing their plans to life, and we’re just 10 days away from a major new release after months of feedback and insight thats going to bring your business plan even further into your everyday. To top it off today has been a extra special day for our awesome chairman and angel investor Rod Drury who has just completed a successful IPO of his main new business Online Accounting Software provider Xero raising $US 11 million.

Rod DruryWe met Rod and began coming up with PlanHQ around the same time that he started kicking off Xero, and in the first conversation we had he said he was going to list a company of his own creation on the New Zealand Stock Exchange (NZX) in 12 months. Rod is one of finest example we know of someone who brings plans to life, when he makes a plan he makes it happen. The Xero business is at an early stage in their journey, but as the first IPO for the year on the NZX, its a great milestone.

Big congratulations to the Rod and the Xero team, it’s great to have PlanHQ located so close to and being able to work increasingly closer with an amazing team and brilliant web business like Xero. We’re finishing a long week with a quiet drink, and having a special cheers to Xero and Rod.

Xero IPO’s

1 person has commented on this post

  1. I came upon your site by chance but I’m very interested in the site’s message. I have recently started a side business on a shoestring budget and the concepts that I have developed are being well received right out of the gate. Does anyone have advice on how and what a small start-up company needs to do to move towards an IPO offering?

    Todd Ross | Jun 7th, 2008 at 5:21 pm

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