Why New Zealand is punching above its weight in start-ups
New Zealand is a magical land of mountains, milk, sheep, rugby and fibre internet to most homes.
To this list we can now add: interesting technology companies.
In recent times, at least two genuine members of Silicon Valley royalty have poured money into start-ups born in the country.
Last week, Fairfax Media revealed that Sequoia Capital, which over the years has invested in the early stages of some of history’s most successful technology companies – think Apple, Google and Oracle – led a $10 million funding round for 90 Seconds, an Auckland based corporate-video marketplace.