Tuesday, January 19, 2010

Well Done to Bookit

A good news story in the ODT:
Dunedin IT company, Bookit, has been sold to TradeMe. The company provides on-line payment services to the tourism industry. Founder, Andrew Schofield, will get a payout for his initiative and nine years of work, as will investor, Ian Taylor.
It is dreams of buyout which drives the startup culture of places such as Silicon Valley. Bookit's success will be encouragement to existing and potential entrepreneurs in Dunedin.
It is not the bureaucrats and politicians in the Town Hall that create the wealth of the City, it is the hard work and enterprise of private individuals and businesses that will bring make us richer.

1 comment:

  1. Yes agree with your sentiments - encouraging talent to develop and stay in Dunedin creating valuable private enterprise is crucial to increasing the wealth of this city. Spending on monuments will do little to increase economic activity or provide the interesting career opportunities which will encourage great people to move to DN or to stay in the city. BTW minor typo last sentence.

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