The CDC Story
CDC Solutions Ltd (initially Computerised Document Control Ltd), was my first company. In the book's foreword I allude to the back story. The appendix documents the CDC story at a high level.
The CDC story is the stereotypical ‘game of two halves’. The first half (1994 to mid-1998) covers the early days in which it was a struggle for survival in which the company gradually became a sensible, profitable operation. The second half (mid-1998 onwards) is the post venture capital investment period. This half features a fundamental change in approach in that profit became a bygone objective and it was all about burn rate and growth.
All of this took place in a rapidly changing environment during the height of the dot-com boom. I’ve tried to make sense of it covering timelines and pertinent market developments.
The CDC Story is ultimately a success story. It is true that the company didn’t grow at anywhere near the crazy rate of the silicon valley companies of the era or even its main competitor but, in European terms, it was up there at the top of the growth rankings for private technology companies. Furthermore it was one of the few companies to retain its value and deliver a return to the VCs (and it's original shareholders) in the post dot-com bubble period.
I hope you find it of interest. Download The CDC Story Here .