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I’ve noticed the same thing. Have you found any good writing on this topic and how the American approach differs from the Canadian approach? I’ve been fascinate
by ttarabula 6y ago
I’ve noticed the same thing. Have you found any good writing on this topic and how the American approach differs from the Canadian approach? I’ve been fascinated by this dynamic after spending most of my working life in the USA then returning to Canada, and just feeling like something is “off” whenever I talk to Canadian startups, and it feels like a lot of the time it comes down to the way the flow of investment differs here (especially in the R&D space).
- cmrdporcupine 6y agoimho it's not just the flow of investment. It's the smallness of the community. Many of the founders in the Toronto tech scene all know each other. From private school etc. At least when I was working for one 10 years ago, it all felt very incestuous and small. Also in the US there's a real sense of having to hunt and compete for talent, but at least then in the Toronto startup scene you were to feel blessed for not having to work for a bank or insurance company, so put up the with the bullshit and dysfunction please...
- robhunter 6y agoMoved back two years ago and can echo this sentiment. We raised our most recently round exclusively in the US. Will be interesting to see how COVID-19 impacts all of this given how much more remote work will be available.
- cmrdporcupine 6y agoBefore Google acquihired my team I ended up jumping ship to a NY based company from the Toronto startup I was at. Difference in culture was night and day. With the increase in remote work availability I'd probably hunt for work from US companies at this point rather than beg for crumbs from Canadian startups.
- Wagthesam 6y agoThis was one of the main reasons I left for the Bay area. I had a big network in Toronto but I felt like 5 years here I would be more talk than execution