Hi Toronto startup folks, FounderFuel is coming to town tomorrow to meet companies for FounderFuel 2018 Cohort. ➡️ If you're working on a venture scale idea and looking for ways to step on the gas, Isaac Souweine and Phil Ht will be there to chat! ... See MoreSee Less
Melissa KwanIf you've just raised capital there are probably 100 better places to spend the same amount of money if it's just an announcement. If this announcement doesn't directly impact your business immediately, it will likely be a sunk cost and will matter very little.
Erin BuryHey Nora! I run Eighty-Eight and we focus on Canadian media relations, but happy to give a bit of advice. As Jodi Echakowitz mentioned, a funding round is a great way to kick off a PR program, but PR should be about building long-term relationships with clients and not just one-off announcements (although of course we work on those sometimes due to budget issues, etc). For a U.S. agency, you're looking about about $10k USD/month starting (for a firm like Nectar PR), although you can certainly find boutique firms and freelancers who can work with well below that. But it does tend to be expensive, and some agencies won't do projects (they will only work on longer-term retainers). In Canada agencies start more around the $5k/month range, and obviously less for freelancers. I don't know of too many Canadian agencies who do startup/tech PR in the U.S. (without sub-contracting to someone in the U.S.) - it's simply hard to build great relationships with media when you're not physically present there. But I know Jodi's team does a lot of U.S. stuff so a good place to start, and Fatima Zaidi can also point you to some of our U.S. freelance/agency partners if you're interested. In terms of why to use an agency, simple answers: lack of internal capacity, being able to tap into existing relationships, getting senior PR insight without having to hire a senior comms person, not having to manage someone internally. Downside to agency is always that we have other clients other than just you, so can't focus on your brand 100%. :) Hope that answers your questions and feel free to reach out via email at [email protected] if you want to follow up on anything!
Corey HerscuDepending on what you need, RNMKR PR is more than capable of providing you coverage in the US around your raise. If you're looking for ultra-focused, local coverage, a local agency is your best best. They simply have that kind of foot-on-the ground insight. If you're looking for tier A coverage, if the news is strong, we are happy to support. All the agencies spoken here offer different services that can be equally great, some just have more strength in Canada alone - whereas others can do damage in the US. Good luck with whomever you choose.
Angel investing is awesome. But, it’s 100x more awesome when angels band together. My wife and I recently moved back to Toronto from London and are looking to get connected to a local angel group. We specifically want to invest alongside other founders/entrepreneurs who are focused on helping entrepreneurs with smart, fair deal terms and ongoing support and mentorship.
We have both been founders (two exits for me). My wife worked with a VC fund in London and has extensive experience working with early-stage companies, helping them reach product-market fit, raise seed rounds, etc. If there are any groups out there looking for a couple new members who will pull their weight, please let me know.
(If we don’t get any takers, we will start our own syndicate - so let me know if that interests you!) ... See MoreSee Less
Satish KanwarDon’t know much about all of the formal groups (Alexander will with Angellist), but we invest alongside a lot of great angels and early stage funds in the city. Just a matter of connecting with more folks like you are to start 🙂.
Prem KalevarHey Raj -- The angel investing ecosystem here is still pretty nascent, so there's a great deal of opportunity for a savvy & experienced operator like yourself. We'd definitely love to have you come out to our next event, despite the name, we are not exclusive to Waterloo alum: www.waterlooalumniangels.com/
Ted GrahamI’ve been to a few in person groups like Angel One in Oakville and the NACO national meeting but I tend to like the CareGuide 60+ angel mafia who organize themselves via email (we also have a bit of an informal ex-McK group which refers stuff to one another). I’ve just started doing AngelList syndicates as a first try at broadening the number of my deals and allowing others to invest at lower levels.
3 days ago · 7
Rob DiZWelcome back Raj! Definitely in if you’re starting your own group 👍
2 days ago · 1
Galen UdellRaj Singh, I am happy to introduce you to the York Angel Investors Inc. I believe they are now the largest Angel group in the GTA. Lots of experience and very active. I am a member, so DM me if you are interested in connecting.
Bryan WatsonHey Raj Singh - Would be happy to give you my thoughts on the angel ecosystem over a coffee or pint. There really is NO general comment about them as every group is different. The most active "managed" syndicate in Ontario is actually out of Thunder Bay. As Galen Udell mentioned, York Angel Investors is quite active with a good, diverse membership. Angel One (Hamilton) and Golden Triangle (W'Loo) are also good, strong groups. Organized and managed groups typically represent 3 - 5% of the Angel activity in the market, though, so that is where you see a lot more in things like the aforementioned CareGuide mafia! Anyway, I used to run the National Angel Capital Organization (NACO) and Angel Investing Ontario - left both in 2012 - and am still heavily involved with the organizaed and ad hoc Angel communities.
Douglas SoltysBetaKit has an interview with Minister Bains later today and will be updating the article as soon as it's done. If you have any Q's you'd want asked of the minister, please post them here so Jessica Galang can represent them!
Jesse RodgersMy understanding is that they announce who will get the nod but the details depend on how the execution details shape up. Although there are always politics i feel like there is a process in place that is trying to make this a real positive for Canada.
7 days ago · 1
Christopher PyperIt seems they are trying to light up new initiatives, not fund ones that already have legs. I don’t think there is a shortage of funding for good cryptocurrency and machine learning start-ups. As well, the article says "that will receive a part of $950 million from the superclusters initiative", which implies there is other superclusters coming.
I think the southern Ontario advanced manufacturing is good, and the plant based proteins initiative is a good head start too. Nearly all agriculture land is used for raising livestock and livestock feed, and the vast majority of land used by humans is agriculture lands. Plant based protein is necessary to reverse climate change and deforestation. And with all this meat they plan on growing in tanks, I imagine they still need a source of protein to feed it. That said, protein farming is risky business, particularly for replicants. You might get a blade runner showing up at your farm.
6 days ago
Michele RomanowEchoing others, but so confused on how crypto & fintech didn’t make it 🤔