3 ms·
Canadian cities have the same problem most cities in the US have: lack of angels. I agree, but how do you account for it? Why do these places lack angels?
by maxharris 16y ago
Canadian cities have the same problem most cities in the US have: lack of angels.
I agree, but how do you account for it? Why do these places lack angels?
- pg 16y agoAngels (mostly) come from startups. Each really successful startup yields a new batch of them. So by default a city's status as startup hub, or not, is self-perpetuating. New York may be somewhat of an exception. There may be enough investors in NYC who are comfortable with risk that they're willing to invest in startups even though they don't come from the startup world themselves.
- Johngibb 16y agoNew York is also an attractive enough city that there may be a decent amount of successful startup founders moving there out of preference for the city.