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Similarly in New Zealand:

Xero was making big waves as a new accounting software and had millions of overseas investment poured into it. TradeMe is our version of eBay which was basically the first widely-used site in New Zealand.

However number 2, "Diligent Boardbooks" which listed on our stock exchange in 2007, however started in 2000. They seem to sell "Board Portal" software which allows boardmembers to "securely store and access documents" as well as do video conferencing etc.

I've never heard of them, nor do I believe their valuation should be what it currently is (363 million$NZD). They've never been covered in major news outlets (https://www.nzherald.co.nz/diligent-board-member-services/ne...).

I wonder how many SaaS companies there are out there used for money laundering/similar financial fraud.




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