Equity Mates Investing Podcast cover image

How to value a company: XERO (ASX: XRO) Pt. 2

Equity Mates Investing Podcast

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What Is Zero?

Lassian was founded in 2007 by Rod Drury and two other Australians. The company pioneered the idea of selling software through the internet on a subscription. It's been unprofitable basically the entire time, but has added important features like reading bank statements. Steve Varmos from Microsoft came across to become its CEO last year.

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