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I don't disagree with your points, but I'd like to point out Shopify as an exception. Started in Ottawa, grew, got VC funding, grew some more, IPO'd on NYSE, an
by jonny_eh 9y ago
I don't disagree with your points, but I'd like to point out Shopify as an exception. Started in Ottawa, grew, got VC funding, grew some more, IPO'd on NYSE, and is still headquartered in Ottawa.
- 52-6F-62 9y agoI call them and 500px the unicorns. They're usually the first two examples thrown out when somebody says something skeptical about the market in [Eastern] Canada / Toronto. Not that it's what you're doing. You're right, but still wanted it on the record that it's one of the few that's done so well. That said, I'm always happy to be proven wrong here!
- nasalgoat 9y agoThere's one or two of them, but they are hen's teeth. My startup has a $10M run rate after three years and the best we can do is get debenture and loan offers, no actual investment. Investors in Canada hate technology.
- jonny_eh 9y agoGet investors from the US then, that's what Shopify did.