Patrick Shutt built and ran connectivity businesses for decades before becoming a venture partner at Stormbreaker Ventures, including helping make Global Capacity's One Marketplace Access Exchange a benchmark for automation in telecom access procurement and leading or contributing to more than $750M in capital markets transactions. After stepping back from day-to-day operations, he founded Durham & Black, a strategic advisory firm offering executive advisory, capital services, and business development, reflecting how he's turned his hands-on operating experience into a repeatable way of helping other companies grow.
About their Fund
Stormbreaker Ventures focuses specifically on the infrastructure, software, and connectivity layers behind networks, IoT, and edge systems, rather than general tech or software investing, and its general partners are former executives from AT&T Mobility, Qualcomm, and Bell Canada/Clearnet—including Glenn Lurie, who helped negotiate the first iPhone deal and built AT&T's IoT and Digital Life businesses, and Derek Aberle, former President of Qualcomm—giving the fund direct experience running telecom networks and products rather than just investing in them. This specialization has attracted founders building connectivity infrastructure as well as strategic investors like Thermo Companies and Mi Capital, who don't typically invest in venture funds but chose Stormbreaker specifically for its wireless and mobility expertise.















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