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Thanks for sharing. The philosophy has been mostly to create a profitable company, in the more traditional sense-- consistent revenue that can employ people. -
by liquimoon 13y ago
Thanks for sharing.
The philosophy has been mostly to create a profitable company, in the more traditional sense-- consistent revenue that can employ people.
- I share with this philosophy exactly.
The thing I am pointing out is that because of the VC gap, startups are dealing with the lack of cash infusion to really hit a homerun. As a result, Canadian tech companies stall after growing to a certain size. The options were taking VC money with bad terms or getting bought by US companies.
US companies are buying profitable Canadian businesses at a bargain price, reaping all the benefits of job creation and ambitious business goals.