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Right now, a handful of people will be furiously working to fix the major outage that's brought down Facebook, Instagram and WhatsApp for users around the world. The Spinoff CTO Ben Gracewood sheds some light on what's likely happened, and what they can do about it.
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Ben-gracewoodToyota-corollaInstagramBmwFacebookFounder says Vend s $455m offshore sale will be good for NZ
12 Mar, 2021 04:45 AM
5 minutes to read
Vend founder Vaughan Fergusson began his company with a single customer - a clothing store in Remuera, but it was enough to gain the attention of early backer Sam Morgan. Photo / Jason Oxenham
Backers of Auckland-based retail software company Vend say its US$350 million ($455m) sale to a US competitor will be good for New Zealand. The sale has potential to reignite debate about why so many Kiwi tech companies end up in North American hands - particularly as it was announced within hours of news that Christchurch 3D modelling software outfit Seequent is being sold to Nasdaq-listed Bentley Systems for US$900m.
United-statesNew-zealandPunakaikiNew-zealand-generalAmericanBen-gracewoodPeter-thiel-valarMel-rowsellVaughan-fergussonLance-wiggsDoug-hastieSam-morgan