What­ever hap­pened to those he­roes?

Idealog - - FORWARD -

The 2015 Deloitte Fast 50 na­tional awards will be an­nounced at an all-singing, all-danc­ing “Fes­ti­val of Fast Growth” to be held in Auck­land on Novem­ber 4. Fast 50 alumni in­clude New Zealand suc­cess sto­ries like Xero, Trade Me, 42Below and Green But­ton. But what hap­pens to New Zealand’s fastest-grow­ing com­pa­nies af­ter they drop off the Deloitte list, Idea­log won­dered. So we crunched some num­bers around past Fast 50 win­ners, and came up with a cou­ple of in­ter­est­ing find­ings.

First, Fast 50 com­pa­nies are sur­vivors. Of the top five win­ners since 2005, only two have gone out of busi­ness: IT­ma­ni­acs, and Next Win­dow.

Sec­ond, the Fast 50 num­bers back up ev­i­dence Ki­wis are more likely to sell suc­cess­ful busi­nesses, than keep and grow them. More than a third of the top-five growth com­pa­nies in the last ten years have been sold by their orig­i­nal own­ers – and own­ers aren’t keep­ing their com­pa­nies long. While only one (20%) of the 2013 win­ners has been sold, 60% of the 2005 win­ners have been flicked on. Add in the one that’s gone bust, and only one of the orig­i­nal 2005 top five re­mains in the same hands.

How many ten­nis balls are used dur­ing the course of Wim­ble­don? 27,500

How many bas­ket­balls can you fit in this room? Work out the vol­ume of the room in feet (height x width x length) then di­vide by 0.8333

How many straight cuts do you need to di­vide a cake into 8 equal pieces? Three (Cut the cake into quar­ters then stack for the fi­nal cut)

How many times a day do a clock’s hands over­lap? 22

Who would win in a fight be­tween Bat­man and Su­per­man? The pub­lish­ing com­pany

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