22:11:26 EDT Sat 04 May 2024
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Lightspeed Commerce Inc
Symbol LSPD
Shares Issued 152,759,327
Close 2024-01-03 C$ 24.84
Market Cap C$ 3,794,541,683
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Globe says Lightspeed founder earns university degree

2024-01-03 07:22 ET - In the News

The Globe and Mail reports in its Wednesday, Jan. 3, edition that Dax Dasilva had two goals when he retired as chief executive officer of Lightspeed Commerce nearly two years ago. The Globe's Sean Silcoff writes that in the era of outspoken know-it-all, uber-bro tech CEOs, he did not want to build smart robots or colonize Mars, but to conserve this planet. And to finally earn his university degree. While "school dropout" is a badge of honour among tech founders it amounted to unfinished business for Mr. Dasilva, who quit the University of British Columbia in 1999, six credits short of a bachelor of arts. In an interview, Mr. Dasilva said, "I wasn't proud of being a dropout." During his time as Lightspeed CEO: "I felt if I finished my degree, I would jinx myself, so I kind of prescribed to the dropout thing, too. But underneath, I was like, 'Six credits. Come on, Dax.' When I transitioned to chair I said, 'This degree deserves to be completed.'" It was. On Nov. 22, Mr. Dasilva received his degree in interdisciplinary studies from friend and environmental activist Tzeporah Berman. Ms. Berman says: "Dax isn't your average tech millionaire. He's humble, he's inquisitive and he doesn't like to have anything unfinished."

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