Lightspeed Commerce Inc (TSX:LSPD)
C$ 20.55 3.18 (18.31%) Market Cap: 3.16 Bil Enterprise Value: 2.17 Bil PE Ratio: 0 PB Ratio: 0.81 GF Score: 76/100
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Lightspeed POS Inc at Barclays Global Technology, Media and Telecommunications Conference (Virtual) Transcript

Dec 09, 2020 / 03:30PM GMT
Release Date Price: C$74.12 (-2.83%)
Raimo Lenschow
Barclays Bank PLC, Research Division - MD & Analyst

Hey, good morning. Welcome to our next session. I'm really happy to have Lightspeed's here with me this morning, Dax as the Founder. That's even a greater honor for me to have you here.

Since you -- since the story is probably a little bit on the newer side for a lot of U.S. investors, maybe give us a little bit of background on like what was the idea when you started the company and how does that evolves in this.

Dax Dasilva
Lightspeed POS Inc. - Founder, CEO & Corporate Director

Yes, thanks for having me. Yes. So Lightspeed started 15 years ago. I was the original developer for the original version of the software. And we've always served the complex merchant, starting with retail. So our first customers were complex retailers, a variety of verticals, actually, verticals that we still serve, like electronics and bike and apparel. And I built that first system on the Mac. Apple was on the -- was ascending back in 2005. But there wasn't great business tools, and people did

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