Crossing the Second Chasm

Crossing the Second Chasm

Australia is a fertile land for cultivating tech companies. The majority succeed in crossing Moore’s Chasm but seem overwhelmed by the thought of crossing the Second Chasm:  to double and double again in size and enterprise value. A feat that cannot be achieved...
Dick Smith: it’s the business mode, silly!

Dick Smith: it’s the business mode, silly!

A lot has been written about the collapse of Dick Smith MKII. Mark-I failed in the hands of Woolworths, and Mark-II now in receivership. A successful Mk-III is now out of the question. The major question raised has been on how the private equity firm Anchorage Capital...