Quick Bite: Halter president on the IPO question - podcast episode cover

Quick Bite: Halter president on the IPO question

Jul 07, 20254 min
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Episode description

Halter’s collars are already revolutionising the way farmers manage their herds. So what’s the next big move for this homegrown ag-tech unicorn?

In this quick bite with Halter President Andrew Fraser, we hear why New Zealand is the perfect launchpad for innovation, how farming and tech are merging in powerful ways, and why an IPO isn’t the only path to success.

This clip is from our previous episode: Halter’s $1B USD “farm operating system

🎧 Watch the full episode or catch more clips: http://linktr.ee/sharedlunch

Shared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website.

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Transcript

Speaker 1

You're listening to a Shares These podcast, Andrew Fraser, Alter, President, it sounds like you're telling me it's a little too soon to talk about things like an i PO, whether the company's headed to the NASDAK, headed.

Speaker 2

Off shore to try and raise its capital from the public ultimately, or what sort of shape Holter winds up in.

Speaker 3

Yeah. So, look, we're very much a KEYWI company and our headquarters here, all of our engineers are here, and that's gonna that's going to be our focus for the next wee. While down the road, who knows absolutely, you know, could consider that that Nasdaq or IPO path could also go more the Stripe SpaceX route of staying private and profitable. But right now the focus is really on that kind of that building, continuing to make Halter as amazing as

possible for our farmers and ranches. And I think that's what it excites everyone here on a day to day basis, what's the next step. It's it's about growing and building. We've got a really exciting, cool product, something I'm very proud of, and I think the team here is proud of and our farmers are proud of, and so I'm just excited to get it, you know, on as many farms as possible and as many farmers using it and helping us grow and improve it going forward as well.

It's still early. There's a long way to go, and so we've just got to keep being focused, keep doing bloody good stuff every day. And yeah, pretty pumped to what it can mean for us.

Speaker 2

You talked about how I mean launching here in New Zealand was really really important obviously for this because it's so well aligned with dairy and so on. I mean, is there something particular about this part of the world Here in Australia. I read that we get a much greater kind of uptake in terms of startups from every dollar of venture capital money that's put in there compared to places like the US. Any years about why that might be.

Speaker 3

Yeah, look, it's I think there is an element of good old Kiwi ingenuity. I've got a theory as well that you know, we are we are kind of squirreled away at the bottom of the world here. You know, it's four hours to get anywhere, it's longer to get even you know, further than Australia, and so that there is that kind of you know innovation or desire for

growth down here. I think there's a pretty cool ecosystem, you know, Like I for example, I was at VIN for VIN for a few years and then we got acquired for about half a billion Kiwi, and you know, you can see some VIN people in the in the market, like you know, helping in some of these companies. Now you've seen the same for trade me and zero and these other kind of these exciting pieces, So we're starting

to see that grow. I also think that you know, there's a there's a good seed investment kind of community here as well, so helps get those startups up and running and uh and and kind of creating value in things as well. So you know, I think, yeah, I think New Zealand's a pretty special place in terms of a lot of those things. Going a bit off topic, I do think we should be doing more in that agritech space. You know that New Zealand is brilliant at agriculture,

is brilliant at tech. There are some really cool ag tech startups here in New Zealand. But I'd love to see even more as well, because I think we are uniquely placed here to be building and driving some special stuff in that Investing involves the risk you might lose the money you start with.

Speaker 1

We recommend talking to a licensed financial advisor.

Speaker 2

We also recommend reading product disclosure documents before deciding to invest

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