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When the contest is between selling out and risking death

It takes a lot of guts for an entrepreneur to turn down an offer from a US venture capital investor, particularly when the alternative means staying put when you have just two months cash left. Brad Howarth follows the plight of innovative start-ups down the road to commercialisation.
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New Zealand’s Xero eyes US IPO, further disruption as subscribers increase...

Xero recently held its annual meeting in Wellington, during which the company revealed some interesting details about its future. As has been widely suspected, the...