Magaly has over 25 years of experience as an accomplished entrepreneur, operator and investor. Before joining inovia capital, Magaly was Chief Operating Officer at PasswordBox (acquired by Intel Corporation), VP Worldwide Sales at Hostopia.com (acquired by Deluxe Corporation for $124M), and is deeply engaged with the startup community through various board positions and angel investments. Magaly currently serves as a director on the boards of Busbud, AlayaCare and TrackTik.
I grew up in a small village outside Montreal, surrounded by farmers and strawberry fields. Picking strawberries was my first job — but I prefer being a VC!
I do this work because I am passionate about the high tech industry and building successful companies with brilliant entrepreneurs.
The one important thing founders should know about venture capital is that VCs all want the same thing: rock solid founders and team that are 100% focused; a product that resolves a real pain, intellectual property; product that is easy to understand, easy to sell but not easy to copy; and a company that is data-driven.
It’s not that complicated ;)
I stay Intellectually honest by doing homework with my 2 daughters, 12 and 15. I have officially done my grades 1 to 6, 3 times. I got it now.