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Scaling your business 101: The Story of Wave

Jan 30, 2020

Emerging and high growth (EHG) companies will have to successfully navigate various obstacles as they attempt to scale. From hiring employees to raising capital, the journey to reaching a successful exit is challenging. One company that EHG companies may want to emulate is Osler client Wave Financial, which reached a successful exit in 2019 – one of the largest ever Canadian tech exits. Wave is a Toronto-based FinTech startup that provides a suite of financial services and online software for small businesses. 

In a fireside chat with Chad Bayne, Co-Chair of Osler’s Emerging and High Growth Companies Group, Wave co-founder and CEO Kirk Simpson explains the ups and downs he encountered as his business scaled and the valuable lessons he learned along the way. Kirk discusses everything from how his business started with a simple idea, to how “incredibly difficult” it was to get that first round of seed financing and how gruelling it can be to build a successful business.

Watch the fireside chat below:

This presentation is part of Osler’s Emerging and High Growth Companies 101 series, designed to help emerging ventures navigate through the various issues and legal requirements they will encounter throughout their growth cycle.

 

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