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On this week’s show, we spoke with Frederic Bastien, CEO @ Mnubo. Fred is a passionate entrepreneur with a keen sense for innovation and business value creation. Fred is driving mnubo to be the strategic catalyst in truly opening up the Internet of Things, so that OEMs can maximize value from the data generated by their connected objects. Fred was recognized as Quebec’s 2014 EY Emerging Entrepreneur and received the 2014 PWC Vision to Reality award. With over 20 years experience in the mobile and data industry and a B.Eng in Engineering – Telecommunications from École Polytechnique de Montréal, Fred is leading mnubo to the forefront of the IoT industry. On the show, we spoke about: Fred’s career progression from the world of telecom tech to IOT The insight he had to found Mnubo Shifting from technology to business model for their customers Their recent $16M funding Mnubo’s competitive advantages (data, team and customer context) The growing importance in IOT Fred has founded an extremely interesting company in the IOT space with some pretty amazing opportunity ahead of them. I hope that you enjoy the conversation! Let us know what you think. What types of guests would like to see on the show? What topics interest you the most? Send me your thoughts at nectar@thepnr.com Subscribe | iTunes | Google Play |Spotify | YouTube |
Lylan Masterman is General Partner at White Star Capital where he leads the New York office. In this episode, Masterman discusses White Stars history and his approach to venture capitol investments. Masterman has an impressive technical background that informs his work and makes him a dynamic figure in the venture investing world. We learn about the impressive companies White Star Capital has backed and how Masterman has meticulously crafted successful venture investment teams. He talks at length about the various responsibilities of Board Members, successful relationship building within the realm of venture investing, and the importance for startups to have a strong finance leader. It was an illuminating and inspiring conversation that I’m excited to share this week. Show Notes: -The benefits of Transatlantic Investment -How co-lead investments can lead to successful ventures -Where Whitestar Capital is focusing there investments -How digitization of finance has influenced their investments -What disruption of commerce is and how they pursue companies engaging in it -Why Whitestar Capital is interested in companies that work on sensor and algorithm technology -Why Masterman decided to invest in the KeyMe company -The importance of Whitestar’s most recent investments in Drop, Mnubo, and Unicast -How Masterman got into VC investing with an educational background in math and computer science -The importance of a high functioning team and what a founder should do to create a successful company -How to conduct effective board meetings and maintain a good relation with the COO and CFO -What a good board meeting schedule is and how to find a rhythm -What good internal dynamics of a VC team look like -The benefits of having complimentary skill sets on a VC team -How to maintain valuable relationships across industries and borders -The importance of evaluating companies based on their location -How diversity of specialization in startups can be related to region and urban center Links Mentioned: https://whitestarvc.com https://medium.com @christianhern https://www.key.me https://www.earnwithdrop.com https://mnubo.com https://www.unacast.com Quotes: “Part of our DNA since day one has been to be TransAtlantic.” - Lylan Masterman “If your product can be used by clients across all the countries of the world, why would you want to ignore that addressable market.” - Lylan Masterman “We’re not afraid to go out and be the lead, but we also enjoy having another valuable investor.” - Lylan Masterman “It should always be about the CEO owning the decisions.” - Lylan Masterman “At White Star we have chosen to really get complimentary skillsets.” - Lylan Masterman
The Internet of Things, the network of connected devices that surrounds our everyday life, creates oceans of data every minute. Montreal-based Mnubo uses that data to help companies transform their business, turning companies that make things like HVAC systems into service providers that sell real-time monitoring and maintenance. Founder Frederic Bastien talks IoT, Montreal's startup scene, and what it takes to make it as an entrepreneur.
Beaucoup d'objets connectés à Internet représentent une manne d'informations sur les habitudes de ses utilisateurs. Frédéric Bastien a vu le potentiel encore caché de ces objets intelligents. Sa compagnie Mnubo a une offre unique sur le marché: extraire, analyser, gérer les données, et, les mettre au service des entreprises pour maximiser leurs stratégies.
Beaucoup d'objets connectés à Internet représentent une manne d'informations sur les habitudes de ses utilisateurs. Frédéric Bastien a vu le potentiel encore caché de ces objets intelligents. Sa compagnie Mnubo a une offre unique sur le marché: extraire, analyser, gérer les données, et, les mettre au service des entreprises pour maximiser leurs stratégies.