Articles and updates

When people think about cryptocurrency, we mostly think about Bitcoin but what exactly is cryptocurrency? Cryptocurrency is a type of digital currency which is recorded on a blockchain that can be used in exchange for goods or services.  A blockchain is a specific type of database that stores information in blocks that are chained to […]

The initial lockdown forced business to adapt, Gilligan Sheppard were not exempt. Capital raising for early stage / start-ups is always challenging at the best of times. During lockdown Gilligan Sheppard was engaged to raise capital for a start-up, Ora Pharm, a new business in the recently legal and regulated medicinal cannabis industry. Michael, a […]

Elon Musk was quoted as saying, “If things are not failing, you are not innovating enough.”, which is easy to say when you are a billionaire, but does strike at the difference between attitudes to innovation in New Zealand and most other OECD countries. As a firm, Gilligan Sheppard have been supporters of innovative companies […]

Presently, if you own a residential investment property, and it costs you more to operate for a particular income year, than the rental income you receive from your tenants, you make a rental loss which can then be offset against any other income you earn, thereby reducing the overall amount of tax you need to […]

Thanks for all the great feedback and conversations following last month’s article. In that article I promised to cover recent developments in the innovation funding landscape. If we assume three things: The New Zealand early stage company/start-up environment has not delivered enough sustainable companies that are growing and have global commercial potential, The upcoming change […]