I met Laz in NYC at an event around the Opening Bell Ceremony at the NYSE. I found him to be very down to earth. Pretty much everyone I knew who knew Laz liked him. I can't say the same for Balsille.
Laz has a very interesting backstory. He was an engineering student who wanted to make a fortune so that he could one day fund a physics institute which he did do. The Perimeter Institute ha snow become a very well respected independent research institute. Before his death Hawking held a Distinguished Visiting Research Chair. The Director at the time, Neil Turok was a colleague of Hawking at Cambridge.
From notion to groundbreaking research & discoveries in theoretical physics & award-winning ideas about the origin of our universe, it’s Perimeter history.
perimeterinstitute.ca
He is also a major contributor to the the University of Waterloo's Institute for Quantum Computing and Institute for Nanotechnology.
Before I met Laz I use to see him around town a lot often in small local restaurants. One of the last time I saw him was at the height of RIM's success. He would have been worth about $6B at that time. He and his son were in front of my wife and I in the HMV at the local mall. He was buying DVD's and the clerk, who was in his early 20's, was trying to hard sell him on signing up for their points program. Laz's order came to about $120 and the first big sale was that he'd get a 10% discount on the purchase. Laz declined and then the guy asks Laz if he likes music. Laz said yes and the clerk asked who he was listening to these days. Laz kind of shrugged and said he liked U2. He then pointed to a reproduction of an autographed photo of Bono behind the counter and said that with enough points Laz could get one of those. What the kid did not realize is that Laz actually knew Bono personally. RIM had signed a partnership deal with U2 and that RIM rented out the Skydome for a concert for the RIM employees. Rather than saying anything Laz politely declined, paid for his dvd's and left.
When I got to the counter after listening to this hard sell I asked the kid if he knew who that guy was. He said no. I told him it was Mike Lazaridis...The kids response was classic. He dropped his head and out loud said... Ah sh## I blew it. I should have asked him for a job. Turns out the kid was a computer science student working part-time to make some extra cash who would have killed to work at RIM.