still cracks me up …

This is correct. We will have way more software in the future because anyone can build something. But, 90% of the software you will use will still come from a vendor that wants to keep improving it. We don’t DIY most things for a reason.

"If you want to build a ship, don't drum up people to collect wood and don't assign them tasks and work, but rather teach them to long for the endless immensity of the sea." - Antoine de Saint Exupéry

Always get excited when I get a new data room link.

Getting large uninterrupted blocks is harder than it sounds. Growing business, family, exercise, life, friends, all mean extra discipline to get the blocks of time.

Our first office was kitted out with free give aways from bigger company office moves.

Going to steal the phrase "distribution trick" because that's what it is early on. Less about scalable and repeatable more about whatever you can pull off to get momentum going. Then you have the right to go scalable repeatable.

7. 3 Reasons Why AI Will Not Replace Vertical SAAS Three reasons: Expertise – You are not just buying the code; you are buying an opinionated perspective on how to solve the problem Maintenance – They are constantly keeping the software up to date Accountability – They

Social media is a funny place Produce and share analytical report taking hours and genuinely insightful - limited likes. Ask pithy question about where PowerPoint is better than doc, get rapid vitality.

Is a software company really 100x more valuable than an aged care business? Publicly listed healthcare software company Pro Medicus was trading at 101x forecast sales while the best companies in other healthcare categories were trading at between 1.4x (aged care) and 19.6x

Terem Capital has hit a new milestone and I didn't realise it. We've looked at over 100 technology acquisition and investment opportunities since going all in on this in September 2023 (111 to be exact). We started slow, then picked up pace looking at most of these in the last

Here is the 5th annual update for the Mopoke Cloud Index. That’s right, we’ve been tracking promising ASX tech companies for 5 years now. We use our Mopoke Cloud Index as a framework to identify technology companies with high potential that are worth deep-diving into. In

Customers don’t care about your vision. They care about their problems. Solve those, and you won’t need to sell anyone on your vision.

Culturally, buying a small business is now squarely in the same category as flipping houses, multi-level marketing, and crypto. Portrayed as a secret shortcut that will make you rich because you're smart enough to know it. If you're serious about buying a small business, you

one thing i think about a lot: it’s a lot easier to criticize a flawed thing than it is to put your own weight / belief / reputation behind your own (inevitably flawed) thing

Come to Australia instead of the UK though. Much better weather.

In my ongoing research to find our next acquisition in health tech, I have been looking at macro data on healthcare in Australia. Australia spent $252bn on health over the 2022-2023 financial year. What's interesting is that I don't think this includes what I think of as

Most of management is 1. What are you going to achieve? Why? Are you sure? 2. Did you achieve it? Yes: Great, well done. No: what are you going to change? 3. Repeat