Serially successful telecommunications entrepreneur, invests in ASX IPO telecommunications company

November 15, 2020 | Public | Telecommunications

Bevan Slattery is a serially successful telecommunications entrepreneur who has invested in a new telecommunications venture called AUCloud, which is set to IPO on the ASX.

He has successfully built 4 companies with a combined value of over AUD9bn (2 of these successes were in the telecommunications industry).

About AUCloud

What is the Track Record Score?

AUCloud is Australia’s sovereign cloud Infrastructure-as-a-Service (IaaS) provider, exclusively focused on the Australian Government (Federal, State and Local) and Critical National Industry (CNI) communities.

What is Bevan Slattery’s Track Record of Success?

  1. Bevan was the Co-founder of PIPE Networks, a telecommunications company that was acquired by TPG telecommunication for AUD373m in 2010.
  2. He is also the Founder of ASX listed Megaport (ASX:MP1), which has been valued as high as AUD2.5bn.
  3.  Bevan is the Founder of NextDC, a technology company, which is listed on the ASX (ASX:NXT), has been valued at more than AUD400m.
  4.  Superloop, a technology company that Bevan is the Founder of, which is listed on the ASX (ASX:SL1), has been valued at more than AUD6bn.

What are AUCloud’s Track Record Score Metrics?

The Track Record Score provides investors with a rating of a company based on the entrepreneur’s track record of success by taking into account how the successful entrepreneur’s skills, experience and network will help increase the likelihood of this new company being successful. The higher the score, the more likely the company will be successful.

AUCloud has a Track Record Score of 5/5, which is based on the following metrics:

The successful entrepreneur’s track record of success (light blue bar) is weighted the least, their industry success (medium blue bar) is weighted moderately and the total shareholder value created (dark blue bar) is weighted most heavily. 

As a result, Bevan’s 4 prior successful companies, 2 successes in the telecommunications industry and AUD$9bn total shareholder return, have been taken into account for how his industry skills, experience and network will help increase the likelihood of AUCloud being successful.

You can learn more about why the Track Record Score is a good indication of the likelihood of a company’s success here.

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