David Nault | EIR/ Quebec Investment Director, iNovia Capital
Raised $15M, helped build a company from 10-400 employees and $150M in revenue, turned around and sold a company to Bell Canada, DaddyWords to live by
In an early stage company the founder must be the voice of the company. If they can't sell there will be no company. Execution = Traction
More information about David Nault
David learned early on the meaning of lean start-up while at VIPswitch when he had to get large customer validation for a disruptive telecom technology for which he later helped raise $15 million to grow. Thereafter, while director of business development at Pivotal Payments, an emerging payment processor, he experienced what creating traction was all about when the company grew from a few to over 60,000 customers, 400 employees and more than $8 billion in transaction volume, after which he was asked by investors to be president of Callio Technologies whose intellectual property was acquired by Bell Canada.