“Collusion, he says, turns the iPad into a useful productivity device for business and education, rather than for just entertainment,” Moses reports. “It includes a high precision pen and storage of files in the cloud, similar to Google Docs, allowing for real-time collaboration.”
Moses reports, “But the Sydneysider, like many entrepreneurs, has incorporated his company in the US after being unable to attract Australian investor interest and accusing the Australian government of being ‘anti-startup.’ ‘Australia’s angels [high-net worth individuals] and VCs [venture capitalists] aren’t asleep at the wheel, they are persona non grata in my book,’ he said. ‘We have a tax system that will punish you for investing in start-ups, and a tax system that wants to tax founders on value they haven’t earned yet. Our only option is to leave.’”
Moses reports, “On Kickstarter, in just a few days he has managed to raise over [$80,000] out of the $100,000 required by June 30. Yearsley says the product will have a price point between $99 and $150.”
Much more in the full article here.
MacDailyNews Take: The iPad already is a useful productivity device for business and education. Any iPad user knows that it’s not just for entertainment. Yearsley would do well to simply promote his app and pen on their own merits without incorrectly and unnecessarily denigrating the device upon which he so depends.
[Thanks to MacDailyNews Reader "Arline M." for the heads up.]