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I think you're overlooking the broader point I'm making by focusing on that one line. The point is that if Toronto had the same tech ecosystem as to say even S
by canistr 10y ago
I think you're overlooking the broader point I'm making by focusing on that one line. The point is that if Toronto had the same tech ecosystem as to say even Seattle or New York for salaries ranging between half to two-thirds of their American counterparts, I'd reasonably certain Canadians would opt to stay here.
Yes, the investment community has a broader effect on the startups within the city. But I'm not sure they have as significant of an effect on large tech companies setting up research or dev centres here. And ultimately, having the powerhouses here helps to retain talent probably greater than having hundreds of startups in the $10-50 million revenue range.
- cbsmith 10y ago> I think you're overlooking the broader point I'm making by focusing on that one line. Sorry if my comment read that way. I was only critiquing the one line, not the entire post. > But I'm not sure they have as significant of an effect on large tech companies setting up research or dev centres here. And ultimately, having the powerhouses here helps to retain talent probably greater than having hundreds of startups in the $10-50 million revenue range. I think you are getting cause and effect backwards here. In my experience, there were plenty of tech employers in Toronto, just not for the really interesting & challenging stuff. For example, IBM has had a very large presence there for decades, but twenty years ago the coolest software project they had going on up there was the Visual Age IDE's. Alias Systems was a big deal back in the day, but even that ended up being bought up and by Autodesk...