WEBVTT - Quick Bite: Halter president on the IPO question

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<v Speaker 1>You're listening to a Shares These podcast, Andrew Fraser, Alter, President,

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<v Speaker 1>it sounds like you're telling me it's a little too

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<v Speaker 1>soon to talk about things like an i PO, whether

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<v Speaker 1>the company's headed to the NASDAK, headed.

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<v Speaker 2>Off shore to try and raise its capital from the

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<v Speaker 2>public ultimately, or what sort of shape Holter winds up in.

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<v Speaker 3>Yeah. So, look, we're very much a KEYWI company and

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<v Speaker 3>our headquarters here, all of our engineers are here, and

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<v Speaker 3>that's gonna that's going to be our focus for the

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<v Speaker 3>next wee. While down the road, who knows absolutely, you know,

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<v Speaker 3>could consider that that Nasdaq or IPO path could also

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<v Speaker 3>go more the Stripe SpaceX route of staying private and profitable.

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<v Speaker 3>But right now the focus is really on that kind

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<v Speaker 3>of that building, continuing to make Halter as amazing as

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<v Speaker 3>possible for our farmers and ranches. And I think that's

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<v Speaker 3>what it excites everyone here on a day to day basis,

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<v Speaker 3>what's the next step. It's it's about growing and building.

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<v Speaker 3>We've got a really exciting, cool product, something I'm very

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<v Speaker 3>proud of, and I think the team here is proud

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<v Speaker 3>of and our farmers are proud of, and so I'm

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<v Speaker 3>just excited to get it, you know, on as many

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<v Speaker 3>farms as possible and as many farmers using it and

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<v Speaker 3>helping us grow and improve it going forward as well.

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<v Speaker 3>It's still early. There's a long way to go, and

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<v Speaker 3>so we've just got to keep being focused, keep doing

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<v Speaker 3>bloody good stuff every day. And yeah, pretty pumped to

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<v Speaker 3>what it can mean for us.

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<v Speaker 2>You talked about how I mean launching here in New

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<v Speaker 2>Zealand was really really important obviously for this because it's

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<v Speaker 2>so well aligned with dairy and so on. I mean,

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<v Speaker 2>is there something particular about this part of the world

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<v Speaker 2>Here in Australia. I read that we get a much

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<v Speaker 2>greater kind of uptake in terms of startups from every

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<v Speaker 2>dollar of venture capital money that's put in there compared

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<v Speaker 2>to places like the US. Any years about why that

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<v Speaker 2>might be.

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<v Speaker 3>Yeah, look, it's I think there is an element of

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<v Speaker 3>good old Kiwi ingenuity. I've got a theory as well

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<v Speaker 3>that you know, we are we are kind of squirreled

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<v Speaker 3>away at the bottom of the world here. You know,

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<v Speaker 3>it's four hours to get anywhere, it's longer to get

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<v Speaker 3>even you know, further than Australia, and so that there

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<v Speaker 3>is that kind of you know innovation or desire for

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<v Speaker 3>growth down here. I think there's a pretty cool ecosystem,

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<v Speaker 3>you know, Like I for example, I was at VIN

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<v Speaker 3>for VIN for a few years and then we got

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<v Speaker 3>acquired for about half a billion Kiwi, and you know,

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<v Speaker 3>you can see some VIN people in the in the market,

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<v Speaker 3>like you know, helping in some of these companies. Now

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<v Speaker 3>you've seen the same for trade me and zero and

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<v Speaker 3>these other kind of these exciting pieces, So we're starting

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<v Speaker 3>to see that grow. I also think that you know,

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<v Speaker 3>there's a there's a good seed investment kind of community

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<v Speaker 3>here as well, so helps get those startups up and

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<v Speaker 3>running and uh and and kind of creating value in

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<v Speaker 3>things as well. So you know, I think, yeah, I

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<v Speaker 3>think New Zealand's a pretty special place in terms of

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<v Speaker 3>a lot of those things. Going a bit off topic,

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<v Speaker 3>I do think we should be doing more in that

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<v Speaker 3>agritech space. You know that New Zealand is brilliant at agriculture,

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<v Speaker 3>is brilliant at tech. There are some really cool ag

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<v Speaker 3>tech startups here in New Zealand. But I'd love to

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<v Speaker 3>see even more as well, because I think we are

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<v Speaker 3>uniquely placed here to be building and driving some special

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<v Speaker 3>stuff in that Investing involves the risk you might lose

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<v Speaker 3>the money you start with.

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<v Speaker 1>We recommend talking to a licensed financial advisor.

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<v Speaker 2>We also recommend reading product disclosure documents before deciding to

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<v Speaker 2>invest