Last Friday, I concluded the greatest journey of my life - my investment journey in Pushpay. Over the course of last week, I exited the last of my stake with the share price at record highs, on the back of a superb annual result.
Our family invested in Pushpay in March 2014, not long after Peter and Chris Huljich made their first investment in late 2013. I recall meeting Chris Heaslip and Elliot Crowther at their Glenfield offices in February 2014 - threadbare carpets, lack of space and tired surrounds, and found myself instantly liking them and their pitch. They had clarity about the problem they solved, and size and scope of the opportunity ahead of them.
Our family made our first investment shortly after that meeting, and followed up with heavy participation in subsequent raises, becoming Pushpay’s biggest non-insider investor.
This mini blog contains infrequent public commentary by Aaron Bhatnagar mostly on business, but also political and philanthropic matters of importance to him.