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This is what is so frustrating about Canada... In this case, the government gets involved [1] in investing in early-stage companies, a ton of money goes instead
by jt2190 12y ago
This is what is so frustrating about Canada... In this case, the government gets involved [1] in investing in early-stage companies, a ton of money goes instead to building a shiny building in a hyper-expensive real-estate market, and the government steps in with taxpayer money to bail itself out when things don't go well.
[1] Partners in MaRS include the Province of Ontario, the Government of Canada and the City of Toronto: http://www.marsdd.com/about/our-partners/ http://www.marsdd.com/about/our-partners/
- deleted 12y ago[deleted]
- eigenvector 12y agoBecause what early-stage startups desperately need is luxury office space available for lease terms of _only_ 4 years.