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Well said. One thing I really agree with is the point in the article about needing a big Canadian buyout. the money will trickle down to a new generation of st
by faramarz 16y ago
Well said.
One thing I really agree with is the point in the article about needing a big Canadian buyout. the money will trickle down to a new generation of startups, much like the Paypal ecosystem. Freshbooks, Shopify, Tripharbor are on that track IMO.
Also, it's worth nothing the Bumptop acquisition by Google basically validated our new VC regulation changes which passed few months ago.
Edit: Worth noting... not nothing. typo.
- paulgb 16y ago> Also, it's worth nothing the Bumptop acquisition by Google basically validated our new VC regulation changes which passed few months ago. Faramarz, can you elaborate on this?
- faramarz 16y agoSorry for the typo, I mean worth noting I'm referring to the tax break for foreign investments and streamlining the acquisition process by outsiders (where as before, it would take months and months to do the paper work) Read about it here http://techcrunch.com/2010/03/08/canada-now-somewhat-less-anti-startup/ http://techcrunch.com/2010/03/08/canada-now-somewhat-less-an...
- paulgb 16y agoInteresting, thanks for the link. I actually misread it as noting anyway, so our errors canceled out :-).