Very surprised that the deal did not include a non-compete clause, Drury has stated that
"(Giving Winkler a working role in the compnay is) a board decision once we have approval. Personally I would love to have Craig involved as much as he can."
I cannot see any reason why Winkler will not take up a position, which is a massive coup for Xero.
I am also surprised at the size of the capital raising - they are obviously going to take a very aggressive approach from here with a high burn rate