alt Hacker NewsGetting funding in Canada is significantly more difficult, though. There are fewer investors at every stage of the startup lifecycle here, and those that do exist are more risk-averse. The cheques they write are smaller, too.
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triceratops • today at 8:12 PM
Does it have to be Canadian investors though? Why don't Sequoia et al invest in Canadian (or Japanese or German) companies directly? I'm aware that many VC firms have a foreign presence and I'm not talking about that.
It's always struck me as a little weird that a company has to be within driving distance of Sand Hill road to get attention from a Silicon Valley VC. VCs can't hop on a flight to do some due diligence? Video conferencing isn't good enough for monthly status meetings?
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The trend has been for Canadian startups to find funding outside of Canada. With Cohere the government appears be trying to alter this.