It’s MYOB Monday! Here’s what you need to know in Australian tech today.
1. Accounting software company MYOB lists on the Australian stock exchange today with a market cap of more than $2 billion.
2. A relatively unknown Australian startup is working with Tesla. Canberra-based Reposit Power has developed technology which will be integrated with Tesla’s residential battery storage unit, which was announced by the company’s CEO Elon Musk last week. There’s more here.
3. Menulog is reportedly up for sale. According to the AFR today, the home food delivery service which merged with EatNow earlier this year, is expected fetch up to $500 million in a Goldman Sachs-led sale. Menulog reportedly has revenue of around $40 million. Rocket Internet’s Delivery Hero is among a list of potential suitors.
4. Apple Watch won’t replace your iPhone. The Apple Watch has been out for just over a week now and impressions are starting to be cemented. Here’s what Business Insider journalist Steve Kovach thinks of the wearable after using it for a week.
5. Vale Dave Goldberg. On the weekend, SurveyMonkey boss and all-round nice, intelligent and down-to-earth guy, David Goldberg unexpectedly passed away. Dave was just 47 years old. The tragic news filtered through on Sunday morning Australian time. Tributes have been flowing in from all around the world and his Facebook page has been turned into a memorial. I had the privilege of meeting and interviewing Dave; it was one of my first big tech interviews and an experience I will treasure. I remember being incredibly nervous but he was totally cool, calm and comfortable, not an ounce of ego in the room. He was deeply familiar with the Australian market and had some amazing views on the tech world. Our thoughts and prayers are with his wife Sheryl Sandberg, children, family and friends. Dave Goldberg had an incredible life — but it wasn’t easy.
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