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Vesna Poljak

Tech's heroes are here to save us from the shorts

RIP Australian tech self-awareness. Cause of death: Anne Stevenson-Yang.

Let’s cast our minds back to 2017 when Mike Cannon-Brookes said: "The Australian investment community has a lot of learning to do about technology. It's part of the reason we didn't list here.”

He was right. WiseTech became the most expensive tech stock in the world - more expensive than Atlassian - and now that’s some other company’s problem thanks to the bear market in WiseTech shares unleashed by JCapital Research’s Anne Stevenson-Yang.

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Vesna Poljak was The Australian Financial Review’s companies editor.

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    Original URL: https://www.afr.com/markets/equity-markets/tech-s-heroes-are-here-to-save-us-from-the-shorts-20191022-p532wg