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I'm raising in Canada. Can you share some of what you have seen? My info is in my bio. Thanks.
by sdesol 5y ago
I'm raising in Canada. Can you share some of what you have seen? My info is in my bio. Thanks.
- redis_mlc 5y agoThe US is special because it has active startup investors in both SV and Boston/NY, and angels with extreme risk tolerance (Conway, Woz.) Canada is no worse and no better than any non-US country - meaning terrible. (With the exception of the Skype/Estonia connection.) Some Western European countries have rigid pension contribution requirements that make non-family-staffed startups impossible. In many parts of the world, it's all about personal/school/family connections with inherited wealth (India, China, Korea, SE Asia, etc.) Here's some examples of what works in Canada: - ActiveState was funded by Microsoft to improve Open Source tools for Windows - Canada has an entire national ecosystem around aerospace that is govt. funded (Bristol, Bombardier, etc.) The govt. scientists partner/adjunct with local universities, so you can approach them on campus. - Ottawa once had a telco industry, now replaced with Shopify HQ execs. So reach out to them. - But it's friends and family/mortgage your house/credit cards for funding otherwise. Any Canadian banker will suggest a heloc, and won't loan money without equal collateral.