Re: [SiliconBeach] Atalassian

> *1) Remove tax on capital gains/investments in small businesses* the problem is not capital gains but risk-adjusted returns. Let's compare with NZ which doesn't have capital gains ... (long history to do with pastoral intergenerational pastoral holdings) but this has in fact diverted investme

RE: [SiliconBeach] Atalassian

: Silicon Beach Australia [silicon-beach-australia@googlegroups.com] Subject: Re: [SiliconBeach] Atalassian Simran simple 5% gross revenue tax will kill all industries with more or less complex supply chain and with low/moderate margin. We in IT have a bit skewed view on economy. Too see how many

Re: [SiliconBeach] Atalassian

Simran simple 5% gross revenue tax will kill all industries with more or less complex supply chain and with low/moderate margin. We in IT have a bit skewed view on economy. Too see how many parties involved in manufacturing have a look for example into this video about pencil production - http

Re: [SiliconBeach] Atalassian

i was suggesting 5 percent on gross revenue, period. No other taxes whatsoever :) gst is a stupid tax anyway, it's a pass around tax that businesses don't pay for, only the end consumer user does. the government actually gives you *cash back* if your business pays more gst than you receive.

Re: [SiliconBeach] Atalassian

Simran are you suggesting 5% on top of the existing 10% GST sales tax?! Do you realise this cost will just get passed onto consumers like the GST? I used to think company profits should be higher…until I started my own, made profits, and realised how stupid this concept was. When a company has a “

Re: [SiliconBeach] Atalassian

Looking forward to the new proposed multi government arrangements to prevent multinationals avoiding tax. It’s about time. The argument that they will just move elsewhere is weak. It’s like saying you shouldn’t bother giving a guy in a farrari a fine at all for dangerous driving because he can j

Re: [SiliconBeach] Atalassian

I hear you Patrick. Although i believe we are trying to get the same goal ("a prosperous country; with a good standard of living and freedoms") - altbeit via different paths. With lower tax rate, i don't believe that would work at all, it would attract the companies that will stay till the tax ra

RE: [SiliconBeach] Atalassian

licon-beach-australia@googlegroups.com] On Behalf Of Rai Sent: Thursday, November 12, 2015 5:50 PM To: silicon-beach-australia@googlegroups.com Subject: Re: [SiliconBeach] Atalassian But, if the cost gets too high, the clients (taxpayers) leave to a competitor. I've never seen a better illustrati

Re: [SiliconBeach] Atalassian

> > But, if the cost gets too high, the clients (taxpayers) leave to a > competitor. I've never seen a better illustration of being in a bubble than this. Only the already privileged get to leave for tax purposes. Most have no choice but to stay and count their pennies to make it last somehow. Tha

Re: [SiliconBeach] Atalassian

On Fri, 13 Nov 2015 at 08:32 Patrick Collins wrote: > A company (like an economy) must raise revenue (tax) from the profits of > its clients (taxpayers). A national economy, unlike a company, exists for the benefit of its citizens (Clients? Yuk!). A company must profit (now or later) because th

Re: [SiliconBeach] Atalassian

Simran, Look this is one of those ideological things that I’m not going to convince you on. But let me try to counter-balance your viewpoint about taxing the hell out of multinationals and tech companies. A company (like an economy) must raise revenue (tax) from the profits of its clients (tax

Re: [SiliconBeach] Atalassian

Well put Simran. This has gone off the original topic, but I consider it to be a worthwhile discussion. I'm fairly positive that dropping the corporate rate from 30% to 25% isn't going to make a huge impact except to lower the amount of taxes available to pay for the services Australians want t

Re: [SiliconBeach] Atalassian

Hear, hear. The system is rigged against the individuals and in the favour of businesses - specifically, the businesses who have already *made it*, rather than the startups and the small businesses who struggle every day. The last thing we need is more tax concessions and tax breaks for the wealth

Re: [SiliconBeach] Atalassian

Elias Bizannes wrote: > [... Besides tax is the biggest unnecessary expense so minimizing it is > good business. ..]] > * We have a good education system * We have a good health system * We have good public transport, roads * Some order in society (with relatively good freedoms) * Relatively unco

Re: [SiliconBeach] Atalassian

To further that point, Atlassian would have a huge amount of capitalised R&D which they are most likely writing down to keep the tax bill low. So this would affect the bottom line as well. On Thursday, 12 November 2015 08:04:42 UTC+8, Adrian Bunter wrote: > > In fact if you look a little close

Re: [SiliconBeach] Atalassian

In fact if you look a little close you will see that the underlying business is amazingly strong. Yep - looks like it only made $6.8m in FY15, but this is after expensing non-cash items for share based payments of $41m in the year. Add back amortisation of $6.4m and you get operating income of

Re: [SiliconBeach] Atalassian

Here is a worked SaaS example from Chubby Brain where in their scaling, they are looking for proof of durability Generic stages of the various hypotheses that the Lean Startup is seeking (caveat varies according to industry) - startup

Re: [SiliconBeach] Atalassian

Valuation is the sum of all the future cash the business makes to the owners, using a concept called terminal value to determine this.  Current year profits plus annual growth determines future cash flows until growth is flat and ends. Therefore growth rate matters more in companies that expect

Re: [SiliconBeach] Atalassian

Everybody values different things differently. Many think assets - liabilities is the value of a company. So it wouldn't be profitable to talk about profit much. So it goes. On Wed, Nov 11, 2015 at 1:41 AM, Dean Collins wrote: > Can someone explain to me how Atalassian is worth $3.5b when it on

Re: [SiliconBeach] Atalassian

I had similar questions about how Berkshire Hathaway can have never paid a Dividend, but still be worth so much. Or why Blackberry was worth less than the cash it had in the bank at one point. I think I get why now, but I am still a little skeptical this isn't a giant scam perpetrated on us all (bu

Re: [SiliconBeach] Atalassian

Looking at Atlassian's F1, they are plouging a significant proportion of revenue back into R&D. The F1 doesn't break out revenue by product or R&D spend in anyway so its difficult to be sure if that investment is paying off - is the 45%+ annual revenue growth is driven by new products (which is goo

Re: [SiliconBeach] Atalassian

http://ben-evans.com/benedictevans/2014/9/4/why-amazon-has-no-profits-and-why-it-works On Wed, 11 Nov 2015 at 08:16 Chris Were wrote: > I understand where you're coming from, but just look at that efficiency! > > http://tomtunguz.com/atlassian-s-1/ > > Sent from my phone > > On 11 Nov 2015, at 1

Re: [SiliconBeach] Atalassian

I understand where you're coming from, but just look at that efficiency! http://tomtunguz.com/atlassian-s-1/ Sent from my phone > On 11 Nov 2015, at 1:11 am, Dean Collins wrote: > > Can someone explain to me how Atalassian is worth $3.5b when it only made $6m > profit last year? > > http://

[SiliconBeach] Atalassian

Can someone explain to me how Atalassian is worth $3.5b when it only made $6m profit last year? http://www.smh.com.au/business/world-business/investors-look-past-dual-stock-structure-in-atlassian-float-20151110-gkv47r.html I mean seriously folkswe are getting beyond a joke here. Regards,