Speeches

Opening of the Innovation Australia Keynote

jan

Good Morning Thanks Andrew for those kind words. I don’t know how many of you we able to attend the last breakfast function here, but I understand that Elton managed to convince Luke Longley to come along to speak. Well, after reading about Luke in the BRW Rich-100 last month, I wish I had taken up basketball rather than wireless comms! What a great story Luke’s got to tell, another fantastic WA success story. Good Morning. My name is Nathan Buzza and I am the Chief Executive of Commtech Wireless. Now, I am here this morning to try to dispel a couple of rumours. The first is that nothing ever happens in WA. Well, Looking around the audience today, I don’t think it is going to be particularly difficult to dispel that rumour! When it comes to a global recession, Australia has been rather rudely been left out of it. Australia’s having a boom instead. With lots of cheap money, and plenty of growth and nobody is quite sure why, except for Mr Costello of coarse. If you ask Mr Costello who is responsible for this unreasonable prosperity then he just says, “Thank you very much, your very kind” and […]

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Graduate School of Management – Keynote address to the 2012 Graduates

jan

$5,200 INVESTMENT INTO MULTINATIONAL SOFTWARE COMPANY Tonight I would like to share with you the story of how, as a 22 year old, I turned a $5,200 investment into a multinational software company and divested this business for a 10 digit sum and subsequently how this business was on sold just 36 months later, as part of a larger transaction, for $163.8m dollars in cash. For those of you who are studying M&A – this represented around 45x our EBITDA or around 3.4x our revenues. ADMISSION TO MAKE Before I begin the story – I have an admission to make. Firstly, I do not hold an MBA, in fact I am embarrassed to admit that I never even graduated from University – half way through my Commerce degree I withdrew from University and being here tonight might be the closest I get to an MBA. 7,500 INSTALLATIONS / AWARDS So a little about CommtechWireless to place everything into context. CommtechWireless commenced its operations in Perth, Western Australia and over a decade, established a global business with subsidiaries in the United States, Hong Kong, Shenzhen the United Kingdom and Denmark. The business was involved in monitoring alerts within acute care hospitals. […]

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