Monetary Policy Settings in a Flat World

Introduction Over Christmas I caught up with an old friend who runs a small business. Like many SME operators she is perennially challenged by the maintainance of her accounts.  Given my involvement with Mclowd it was not surprising that the conversation would turn to the savings she could make by using crowdsourced resources. Compared to […]

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The Rise and Rise of WordPress: Implications for Platform Investors

Introduction About 10 years ago I was involved with a company which was marketing a proprietary web content management system (CMS) called Komodo. At the time the exponential growth in web content meant that the CMS space was white hot, and large amounts of capital were being deployed. I have been reminded of the Komodo […]

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Trucking and Funds Management – Strange Bedfellows?

Introduction As a young undergraduate student in the mid 1980’s I ran small gardening business. One of my clients was a businessman called Greg Poche – a veteran of the Australian trucking industry. Many years earlier he had started a company called Discount Freight Express, and had grown the operation rapidly, despite having to take […]

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The Three-Legged Chair: Actual vs Perceived Value

Introduction I recently received an email from our hosting provider Amazon Web Services relating to a new data warehousing product they are offering. However it wasn’t the petabytes or terabytes that I noticed, it was the last line, which read: “and costs less than $1,000 per terabyte per year, a tenth the cost of most […]

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The Age of the Short: Balance Sheet Implications of Crowdsourcing

I recently received an email from an accounting firm in Sydney which began with the following sentence: One of our clients is looking at using your software. He is currently using BGL and processing the data and we undertake the audit function. I have had a look on your website regarding your product and am […]

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Mclowd Lowers SMSF Accounting Costs by 90%

Earlier this week I was privileged to witness a Skype video conference between my mother and her crowdsourced SMSF accounting resource as they discussed the finalisation of her FY12 Annual Statement. Part of the reason the discussion went so smoothly is that accounting for the Porter Super Fund is now managed on the Mclowd Platform, […]

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Lessons I’ve Learned from the Upcoming Launch of Mclowd

Introduction Do you remember that science experiment you did as a child – the one where you spread iron filings over a piece of paper and then held a magnet underneath? As soon as the magnet drew close enough, the iron filings sprang into the shape of the magnet. Over the last few months – […]

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Lessons I've Learned from the Upcoming Launch of Mclowd

Introduction Do you remember that science experiment you did as a child – the one where you spread iron filings over a piece of paper and then held a magnet underneath? As soon as the magnet drew close enough, the iron filings sprang into the shape of the magnet. Over the last few months – […]

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Press Release – Mclowd Set to Disrupt SMSF Space

Sydney, 7 March 2013: After completing a 6-month trial, superannuation software company Mclowd today announced the upcoming launch of its free cloud-based accounting Platform for Self Managed Super Funds (SMSFs). Click here to register for the Launch event, to be held in Sydney on Wednesday 27th March at 5.00pm The Mclowd Platform puts control back […]

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