Wednesday, February 28, 2007

Rod Oram on Navman's recent history

here.
I have to agree that selling your company for huge profits and trying to make a world wide name for yourself is both challenging and a smart business move for NZ niche players. Also, the experience they have gained (combined with some angel investment cash) should enable a few second generation companies to have a bash at another niche. If we haven't got a decent sized company by the 5th generation or so i'd start to worry about something structural but for the first couple? nah, it was the right decision at the time.

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