- The Coming Super-Seed Crash by @pkedrosky http://bit.ly/9U1NoI #mustread #vc #angel #investing #ftw #
- New job posted: Executive Assistant / Xtreme Labs / Toronto, ON, Canada http://bit.ly/cd45Ln #
- BBC Startup Stories http://bit.ly/cvm6PN with @mlevchin @sevenbrands @tramp0 #uk #entrepreneurs #
- New job posted: Inside Sales Rep / Rypple / Toronto, ON, Canada http://bit.ly/bl9Nme #
- New job posted: Software QA Engineer / Rypple / Toronto, ON, Canada http://bit.ly/cGfckN #
- New job posted: B2B Sales Specialist / MiiToU / Toronto, ON, Canada http://bit.ly/9P02D9 #
- Ottawa's Civiside featured on This Week in Startups (at 0:41) – http://bit.ly/9CQpGh #
- RT @aliasaria: What was special about Paypal that made the ex-employees the most successful tech stars http://bit.ly/czNnGd #paypalmafia #
- RT @bwat: The VC Shakeout – Harvard Business Review: http://bit.ly/bRmkvw via @addthis #
- RT @SeanEllis: How do startups really grow? My new blog post: http://bit.ly/bucb2O #
- New job posted: Startup Software Engineer / Sokanu / Toronto/Vancouver, BC, Canada http://bit.ly/cghIzh #
- RT @Caterina: Great post: Why PayPal created so many great entrepreneurs, Insiders explain: http://bit.ly/9KcDMT #mustread #
- VoltDB looks great http://bit.ly/a1oCgm #sql versus #nosql Stonebraker is a god #
- congrats to @albertupdates and @kontagent raising $4.5M http://tcrn.ch/baaZyx from @aplee from @thec100 #
- RT @chrisarsenault: Serial Entrepreneur-CEO @sukornyk get's $1.4M Series A from @LewisGersh @gpjudge @johnelton for Demand-side platform #
- New job posted: Sales genius / Top Hat Monocle / Waterloo, ON, Canada http://bit.ly/aHk81M #
- New job posted: Evil genius / Top Hat Monocle / Waterloo, ON, Canada http://bit.ly/duQHZc #
- New job posted: Web Developer / ifoundthenext.com / Toronto, ON, Canada http://bit.ly/9psdIn #
- New job posted: Intermediate Brokerage Technology Analyst / Questrade / Toronto, ON, Canada http://bit.ly/ciiNTO #
- New job posted: Master Web Developer – Must Love Startups! / Confidential / Toronto, ON, Canada http://bit.ly/d2l8Do #
- New job posted: Startup Business Development Manager / Confidential / Toronto, ON, Canada http://bit.ly/dhDvUO #
- Every startup should be watching "How to Make it in America" #startups #hustle http://howtomakeitinamerica.com/ #
- New job posted: Marketing Manager Dynamo / FreshBooks / Toronto, ON, Canada http://bit.ly/cCPXYj #
- RT @rayluk: Angel investors thinking twice about funding pure-play startups: http://bit.ly/azCxrA /via @venturehype #
- New job posted: Customer Support Analyst / Destiny Solutions / Toronto, ON, Canada http://bit.ly/c3TznT #
- New job posted: QA Analyst / Destiny Solutions / Toronto, ON, Canada http://bit.ly/bepySM #
- New job posted: Software Engineer / Destiny Solutions / Toronto, ON, Canada http://bit.ly/dr3Hiy #
- New job posted: Lead Java/PHP Web Developer / Startup / Toronto, ON, Canada http://bit.ly/bBRTOj #
- Venture Capital is Broken http://bit.ly/bP7w6G by @sacca "we enable startups, fuel the ambitions of entrepreneurs, help them grow as people" #
- New job posted: Controller / b5media Inc. / Toronto, ON, Canada http://bit.ly/a9Zg6t #
- New job posted: Lead Web Application Developer / Pspot Inc. / Toronto, ON, Canada http://bit.ly/9Oyjtg #
- RT @byosko @Brydon @rayluk @jefftala: We have @StartupDrinksCa in every province except PEI, Manitoba & NFLD. Any volunteers? #
- New job posted: B2B Sales Specialist / MiiToU / Toronto, ON, Canada http://bit.ly/9Tb7El #
- RT @rayluk: New Angel group: Hacker Angels http://bit.ly/aQliEn and http://hackerangels.com/ #angels #
- New job posted: IT Person with Web Development Experience / Skybound Software / Waterloo, ON, Canada http://bit.ly/aNXFDF #
- RT @SeanEllis: This Compete curve suggests Foursquare has jumped the shark – I'm guessing weak PM fit: http://bit.ly/9uWHBc #
- New job posted: Lead PHP Web Developer / E-axis Inc. / Markham, ON, Canada http://bit.ly/a3wZ7c #
- New job posted: SharePoint Developer / Questrade / Toronto, ON, Canada http://bit.ly/d7SLur #
- New job posted: Performance Quality Assurance Analyst / Questrade / Toronto, ON, Canada http://bit.ly/bQe4S1 #
- OMERS & ABP announce €200 Million VC Fund (€100 Million in Canada) http://bit.ly/94d1MD #
- RT @byosko @rayluk: How To Run An Early-Stage Board Meeting by @bijan http://bit.ly/djx0pX #
- RT @startupcfo: Post: Fat hiring for lean startups! http://bit.ly/b8As1a #leanstartup #recruiting #
- New blog post: Integrity, hunger strikes and plagiarism http://bit.ly/9HRH2v @markrmcqueen shame on mainstream media #
- New job posted: Senior Brokerage Technology Analyst / Questrade / Toronto, ON, Canada http://bit.ly/cl6j1R #
- New job posted: VP of Technology / Confidential / Toronto, ON, Canada http://bit.ly/dwlIsC #
While everyone in Quebec and Ontario were doing the shake-rattle-and-roll, the Silicon Valley establishment was playing host to Russia’s President Medvedev.
Apparently having your economy rely solely on exporting oil and mafia dons isn’yt considered sound economic policy so Medvedev got his buddy Ivan Danko to show him around the at likes of Twitter and Cisco.
In case you’ve been living in Siberia and haven’t heard, Russia wants to build its own Silicon Valley from scratch in a town outside of Moscow. So we guess Medvedev was asking around for the “how to” manual.
This reminded us of a brief discussion we had over at the C100 website a few weeks back. You can check out the comments over there, but we’ve also reposted here to continue to spur a bit of debate…
Does Canada need its own Silicon Valley?
Tuesday, June 1, 2010 at 03:37AM
OK, I’m going to pull the pin and lob a rhetorical grenade to get a discussion going…
Have you head of Skolkovo, Russia? No? Apparently it is somewhere near Moscow and is the future home of Russia’s Silicon Valley. What? You don’t believe it? Well some US investors sure do, to the tune of $250 million. And this isn’t the only government backed innovation center that is being built from the ground up. There may be a Silicon Valley being built up in Russia but the Dubai has its sites firmly set to be the 21stSilicon Oasis. Century’s
Both these locations have or are attracting talented engineers. Both of these locations have or are attracting massive amounts of capital.
And they aren’t the only two countries that are trying to build their own flavor of Silicon Valley. There are probably a dozen similar projects in a dozen countries around the world. But one country that isn’t embarking on its own Silicon Valley master plan is Canada.
If a US PE can come up with 250 million reasons why Russia will successfully build the next hub of innovation, surely Canada, with its improving investment climate and its refreshing lack of mafia domination could convince investors to put some green in the Great White North.
Is Canada missing the boat? Does it need to create a chilly Silicon Valley somewhere near Alert in order to compete in the global high-tech market?
Discuss…..

