Equity Mates Investing Podcast
Business
The Aussie small cap taking on the tech giants - Dropsuite | Summer Series
Dropsuite Limited, founded in 2011 as Dropmysite, is a Singapore-based software platform specialising in cloud backup, archiving, and recovery services, catering primarily to business continuity and compliance needs of large companies, not personal devices. The company's journey began when founder John Fearon, seeking a backup solution for his business website, raised $300,000 on a Singaporean TV show, leading to the development of services like Dropmymail for email backup and Dropmymobile for smartphone backup. In 2016, the company rebranded to Dropsuite and made its debut on the Australian Securities Exchange (ASX) through a backdoor listing in December of the same year. Our Equity Mates Expert of the Year, and Ren's mentor, Andrew Page, joins us to chat through the thesis for and against the company.
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In the spirit of reconciliation, Equity Mates Media and the hosts of Equity Mates Investing Podcast acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.
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This episode contained sponsored content from Commsec
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