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There is way less risk tolerance in Canada. But more crucially, government policy does not reward risk taking so favorably, and a heavy presence of government i
by ttul 9y ago
There is way less risk tolerance in Canada. But more crucially, government policy does not reward risk taking so favorably, and a heavy presence of government in the funding of tech through a generous tax credit crowds out private investment.
All this being said, I think it’s even more significant that tech investment and talent is concentrated on the Bay Area, and to a more corporate extent on Seattle with Amazon and Microsoft.
Also, Canadian companies and employees whine too much. My attitude is: if you think you’d be better off in the US, it’s easy to just move there. You will earn more, and your company will be exposed to more funding AND much hotter competition for talent. So you’d better have a really amazing idea.