LONDON/PARIS (Reuters) - Lazard banker Vincent Le Stradic recently took a break from his job advising Europe's top telecoms companies on deals to help little-known French start-up Sigfox raise 100 million euros. "What's so special about Vincent is his authentic passion for his job, which allows him to deploy the same level of focus and energy whether he works on a $10 million deal or a $20 billion deal", said Bernard Mourad, who used to work for Le Stradic at Morgan Stanley. Sigfox, founded by French entrepreneur Ludovic Le Moan, builds low-cost wireless networks to connect objects such as electricity meters, smart watches and washing machines to the Internet -- providing the infrastructure that makes the so-called Internet of Things possible. According to Le Stradic, nicknamed the "Petit Breton" for his small stature and origins in the rainy northwest of France, the company has the potential to be the next Facebook (FB.O).
via Business News http://ift.tt/1BTX795
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