Dax Dasilva | |
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Born | |
Alma mater | University of British Columbia |
Occupation(s) | Entrepreneur, author |
Title | Founder and former CEO of Lightspeed |
Dax Dasilva is a Canadian tech entrepreneur, author and philanthropist. [1] [2] Dasilva founded the e-commerce company Lightspeed in 2005, [3] which went public in 2019 at a valuation of $1.7 billion. [4] He was CEO of Lightspeed for 16 years, until stepping down in February 2022. [5] [6] Dasilva is the author of the 2019 book Age of Union about leadership, culture, spirituality, and nature. [7] He is also the founder of two nonprofit organizations; the arts and culture organization Never Apart, [2] and Age of Union Alliance, which funds conservation projects around the world. [7] [8] [9]
Dasilva was born and raised in Vancouver, British Columbia [9] to parents who had fled the regime of Idi Amin in Uganda as refugees in 1972. [4] Dasilva became interested in computer programming at age twelve, and learned to build program interfaces on an Apple Macintosh given to him by his father. [10] At age thirteen, Dasilva began apprenticing for a software developer. [11]
He attended the University of British Columbia, [12] where he studied computer science before changing to art history and religion. [9]
In 2005, Dasilva founded Lightspeed, [3] a Montreal-based e-commerce company. [13] Dasilva conceived of Lightspeed to assist small independent businesses competing against larger companies. [10] [14]
In 2015, when the company had 500 employees, Dasilva moved its headquarters from a warehouse in Montreal’s Mile-Ex neighborhood, [2] to Place Viger. [10] Dasilva took Lightspeed public on the Toronto Stock Exchange [4] in March 2019, [1] described by the Financial Post as the “most successful initial public offering by a Canadian technology company in almost a decade”. [4] He was one of few openly gay leaders of a major Canadian company. [6] In February 2022, Dasilva moved to the role of executive chairman of the board from CEO in order to concentrate on environmental and equality projects for the company. [5]
Dasilva authored a book titled Age of Union: Igniting the changemaker that was published in 2019. [1] [15] The book, which is partly a memoir, [4] deals with change, leadership, culture, spirituality, and nature. [7]
In 1993, Dasilva participated in the Clayoquot “War in the Woods” protests in Vancouver [8] to oppose old growth forest [7] [8] logging [9] and clearcutting. [4]
Following the movement of Lightspeed’s company headquarters in 2015, Dasilva converted the Mile-Ex warehouse that had previously been its headquarters into a nonprofit cultural and arts space [7] called “Never Apart.” [2] In 2021, Dasilva donated $40 million [8] to found the non-profit “Age of Union”, [7] an organization that focuses on global conservation and climate change efforts, [16] with projects in Canada, [7] [17] Peru, Indonesia, and Congo. [7] Dasilva’s Age of Union also funds efforts to protect international marine biodiversity. [9]
Dasilva came out as gay at age fourteen, [2] and has credited the assistance he received at the time from LGBTQ support centers in Vancouver for helping to frame his philanthropic aims. [18] He was an ambassador for Montreal Pride in 2015. [3]