Dotcom’s Mega seeking CFO before IPO

Kim Dotcom's file locker sequel to Megaupload, Mega, is now looking for a chief financial officer ahead of an intended public offering of the company. The hiree will be in charge of readying the firm for its flotation.

Announced by Dotcom just a few hours ago via his twitter feed, a job posting has also appeared on a New Zealand trade website:

#Mega is hiring a CFO to prepare the company for our IPO. http://t.co/ZjQSgIUMox or http://t.co/s1UVJq2qCU

— Kim Dotcom (@KimDotcom) March 4, 2013

A successful applicant “will take control of the finance functions of the business,” which presumably with its multi-million member base already, is building quite a stockpile of cash. The new CFO is also being charged with building a finance department from scratch and putting together a team of people to manage the companies revenue and financial growth. They'll also need to have plenty of experience dealing with capital raising and the IPO process in New Zealand.

They'll also need to have accounting experience for over 10 years and be a “hands on operator,” who's ready to report to the CEO and COO about all ongoing projects.

Not an easy job it seems, but perhaps the most interesting part of this story is that Mega will soon be a publicly traded company. With the time frame listed within the job listing, we know it'll happen sometime within the next 18 months. It seems likely with the way he's operated things in the past, that Dotcom would retain a controlling stake in the firm. He doesn't seem like the kind of individual that would allow his business ideals to be corrupted by other companies buying up a majority share.

KitGuru Says: Mega has shown exponential growth in its first couple months of operation. It'll be interesting to see where it is in a year and a half for the IPO.

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