News Pick – 2017 Tech IPOs are on a tear compared to last year – TechCrunch
May 1, 2017 – “By this time last year, one tech company had gone public. Already this year, nine tech companies have gone public on U.S. exchanges. Needless to say, public exits are looking up. That comparison becomes starker when you compare SecureWorks, 2016’s first IPO, to Snap, which went public in 2017. SecureWorks priced […]
News Pick – The Startups Economy is Finally Stablizing – Bloomberg Technology
April 28, 2017 – “After a prolonged retrenchment, startups in the U.S. are finally seeing better days. The Bloomberg U.S. Startups Barometer rose 0.6 percent from a year earlier, marking the first year-over-year increase since the end of 2015. Bigger funding totals and more exits buoyed the index. Snap Inc. and MuleSoft Inc. are among […]
News Pick – From PM to VC: Harper’s move is a win for Canadian tech – TechVibes
April 25, 2017 – “The recent news of former Prime Minister Stephen Harper’s decision to join San Francisco-based 8VC is good news for the Canadian tech industry. Touted as the “Silicon Valley of the North,” the Toronto-Waterloo Corridor has long been the focus of the Canadian tech ecosystem in terms of positive signs of development […]
News Pick – Once-flush startups struggle to stay alive as investors get pickier – WSJ
April 23, 2017 – “Eighteen months ago, Beepi Inc. was rapidly expanding its online used-car business to 16 U.S. cities where people could buy cut-rate vehicles adorned with giant shiny bows. Beepi doesn’t exist anymore. After burning through more than $120 million in capital, the startup failed to raise more cash and shut down in […]
