Jevon MacDonald wrote a great post about the venture capital industry in Canada. In it, he highlighted how we tried to follow our “big brother” to the south and raised some large funds just like the big boys on Sandhill Road, but failed. Jevon proposes that it is now time to forge ahead with our own path in Canada and bring together entrepreneurs, venture investors and governments to work towards some mega-exits in the future.
First off, I love Jevon’s passion and completely agree with the direction he is proposing – building great entrepreneurial communities (thanks for the shout out to Edmonton!) and seeing a new breed of venture investors. But, I can’t help but think this is not really a new path, rather the same one that our “big brother” started on after the dot-com crash. Click to continue »