NZX-listed Company for Tech Investors

NZICT, the tech industry association, is chatting to a number of potential parties about a publicly listed company which allows for investment in small technology companies.

Endeavour Capital Chairman Neville Jordan is keen on the idea, as he believes that investors are looking for liquidity.

What would be the range of tech businesses available? Perhaps a cutoff at the $50 million mark, which is where private businesses tend to stall due to not enough capital, says the CEO of NZICT.

Timely for 2011, and a good step towards investment in NZ technology.  Full article available here.