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Very interesting write-up. Though without further knowledge of the matter going to have to take some of the points with a pinch of salt. Regardless, there is un
by OmarIsmail 16y ago
Very interesting write-up. Though without further knowledge of the matter going to have to take some of the points with a pinch of salt. Regardless, there is universal criticism of Canadian VCs by pretty much everyone really. Including the VCs themselves.
The end result of this is that companies looking for serious investment go down south.
It's unfortunate, but necessary. And honestly, our financial climate mirrors that of our actual climate. It's colder and harsher, but if you can persevere and survive you come out a lot stronger for it. Those that want warmer weather (easier funding) go down south.
Interestingly the startup landscape in Canada is looking a lot stronger relative to how it did, relative to the US. There's a big trend nowadays to bootstrapping and a focus on revenue generation - which is precisely what Canadian startups have had to be doing this entire time.
- juhgfghjklkjhg 16y agoAs a survivor of a many startups you do start to get the default position that any law/deal/environment that VCs object to is automatically a 'good thing'.