1. Welcome to the new-look UKBF! Check out our FAQ guide.

IRIS have acquired KashFlow

Discussion in 'General Business Forum' started by DuaneJackson, Oct 18, 2013.

  1. DuaneJackson

    DuaneJackson UKBF Regular Full Member

    Posts: 9,511 Likes: 1,003
    Hi All,

    I thought I'd drop by and share the news in case you've not already heard it.

    This week KashFlow was sold to IRIS Software (Blog post here, press release here, media coverage everywhere)

    I'm posting for two reasons:

    1) KashFlow started here at UKBF. If you search hard enough my first post here is me asking for input into a side project I was working on that helped small businesses create invoices. It grew up here, many of our first customers came from UKBF as did many of our suppliers. I got a whole lot of advice from these forums - both publicly and privately. So I owe a big debt of gratitude to the UKBF community - thank you!

    2) I know there are a lot of other people here in the early stages of growing a business. I didn't start with zero, I started with minus four. I worked my arse off for years and recruited an awesome team around me. It's not been easy, but it's passion for what I do (I see it as 'helping other small business', not 'making accounting software') that's kept me going when it's been tough. Regardless of where your business and your life is at now, if you have the determination and passion to make it a financial success then there is nothing that can stop you.

    Just because KashFlow is owned by a bigger company, it doesn't mean I'm not going to be around. I'll be moving from the CEO seat into more of a product management role for a while whilst we work out where I can be most useful within IRIS. Hopefully it may even mean i find time to use UKBF more often - I've certainly missed it!

    Thanks for your support and guidance over the years.
    • Thanks Thanks x 13
  2. Ozzy

    Ozzy UKBF Regular Full Member - Verified Business

    Posts: 3,359 Likes: 172
    Nice one mate. I remember the post you refer to and the discussions and seeing KashFlow grow from those humble beginnings :)
  3. JamieM

    JamieM UKBF Regular Free Member

    Posts: 1,938 Likes: 287
    Congratulations Duane! Always been a fan (and happy customer) of the Kashflow business! I hope one day we'll know a bit more of the story behind it all.
  4. sirearl

    sirearl UKBF Regular Free Member

    Posts: 27,780 Likes: 6,176
  5. cjd

    cjd UKBF Regular Full Member - Verified Business

    Posts: 14,039 Likes: 2,660
    Bloody well done Duane. If you want my advice, get yourself fired and start something else - forget the earnout, it'll kill you working for someone else ;-)
    • Thanks Thanks x 2

    WHARTY UKBF Contributor Free Member

    Posts: 790 Likes: 115
    Well done, it just goes to show that you can start from scratch with no money and make it big. An inspiration. Well deserved.
    • Thanks Thanks x 1
  7. webgeek

    webgeek UKBF Contributor Full Member - Verified Business

    Posts: 2,497 Likes: 934
    Aaaah, the sweetness of deploying that golden parachute on a crisp Autumn day :)

    Whatever the terms, I'm sure they were good enough. Hopefully the recent upturn in business just helped ice that cake.

    Well done Duane - congrats. Try not to spend it all in one place (like buying small island nations).
  8. llocally

    llocally UKBF Contributor Full Member - Verified Business

    Posts: 2,287 Likes: 637
    I'd like to think that my affiliate link on my signature brought in enough new accounts to just tip the balance to favourable :)

    Well done for creating a great product.
    Last edited: Oct 22, 2013