Wayt has broad experience as a founder, investor, and general counsel with software and web services companies and as a strategy and legal advisor to private technology companies generally. He was one of the founders of (and largest individual stockholder in) on-demand TV software company N2 Broadband in 2000 and played major roles in raising $27M in seed and venture capital financing, building the business from inception to $23M/year in sales and 200 employees, and selling the business for $120M in 2005.