Are there any agencies out there that work with smaller startups on multi-channel paid digital ad campaigns (LinkedIn, Twitter, FB)? A friend is looking for a reco. He has a marketing team of one, so likely smaller than most agencies would work with. ... See MoreSee Less
Ahmad IqbalCompanies only need a growth hacker when they have clear and proven product market fit. And when they have that kind of product market fit they should be able to hire the right people you need full time.
2 days ago · 2
Daniel BarankinI'm part of a lot of startup groups: from London, to Tel-Aviv, to Bangalore— somehow Toronto is the only group that consistently brings down its own people.
As far as I can see, Swiggle is a small company (2 employees on LinkedIn) offering a paid internship to whoever might be interested. If the opportunity isn't for you, don't apply. There's no reason that anyone at Swiggle should lose sleep over their decision to hire a marketing intern.
If we want to build a world class ecosystem, we can do without the moral outrage.
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I don't want to admit the possibility that Amazon is simply using Toronto as a negotiating pawn but it's certainly a brilliant business strategy. "So, Amazon announced the finalists. But not really. Toronto, you have no chance. Every ounce of energy you waste on this bid is abuse by the Seattle firm, hoping you’ll produce an irrational term sheet the city Amazon has already selected will be asked to match. Bezos is smarter than the rest of us and smells a multiple on EBITDA contraction, via threat of regulation. He’d never spend this chit on a city with no representatives in Congress." Your thoughts? ... See MoreSee Less
Sean MoffittGiven how current Bezos relationship exists with POTUS - political handshaking does not appear first on his agenda. It’s true making this an open process has likely got him a better deal - I just don’t get the Canadian sensibility of “we will most certainly fail” or “we will be screwed by Amazon coming here” - if the world’s top econmerce company wants to come here, why not?! As long as the incentives provided aren’t too punitive - plus as one Canadian finalist city - any federal support does not have to be spread out. Toronto and Canada deserve the best coming here - let’s not fear success!
Elena YunusovI think we might get it. I'm sure Amazon has already made this decision, and so I see it all as a brilliant stunt and a PR campaign. If you look under the hood.. Amazon certainly stepped up its investment into local infrastructure and team. Sort of unprecedented. So I ask, why now? So we may get it. It might happen.
1 day ago · 1
Matthew PotterI believe it’s the Sidewalk project that is keeping Toronto in the short list. Amazon wants to be here and to be a part of it in the long run. There’s also the point where we’ve got a booming tech scene here that is already in place in New York… Getting in now would be a last ditch effort to be a part of it while it’s growing.
1 day ago · 3
Wilkins ChungWriter has no idea what they’re talking about. Toronto is a viable choice given the massive number of people they hire from Waterloo, UofT and McMaster. Purely based on the number of hires out of these universities Toronto would be the front runner.
Also I give Bezos a hell of a lot more credit than being driven by personal motivations when making a decision this big (been in meetings with him). ‘The new HQ will be where Jeff wants to spend more time’. Give me a break. He makes decisions based on what he thinks will provide amazon with the greatest growth opportunity. He’s been consistent in that view (www.bloomberg.com/news/articles/2013-07-25/jeff-bezos-doesnt-care-what-you-think-about-amazons-qu...)
Aside from talent, Toronto itself presents an interesting opportunity for reducing geographic risk and political risk. While I would have loved for Amazon to come to Vancouver, I never thought anything on the west coast would have made sense due to the geographical risk aspect.
As for it being bad for the Toronto tech ecosystem, I wholeheartedly disagree. They’ll bring immense talent and in the long term provide a huge bump in the local talent pool. Sure, short term it’ll bump up salaries, which might hurt some firms relying on cheap talent (which I think is a good thing). Long term you’ll get more experienced senior leadership. Hiring great senior talent has always been a struggle in Toronto and Vancouver and having a major global employer with the chops to churn out these type of skills is a huge boon. Ex-Amazonians are also a huge source of new entrepreneurs (YC cohorts regularly have ex-Amazonians). Just search ex-Amazonian entrepreneurs. There’s a hell of a lot of them doing amazing things.
So net overall I strongly believe Amazon (or Facebook or Google) would make the Toronto (and Canadian) tech ecosystem stronger.
Alan McMillanTrump is in power for one to three more years. This is a decision that will have an impact to amazon for many years over many future presidents. So I would discount the navel gazing the US is having right now. New admin will be back on track.
I would put us in top 3 cities. It’s been a good exercise regardless as it’s gets us thinking how to be a better place to live.
Max GreenwoodI put together a few viewpoints in an article a while back. Personally, i think the positives vastly outweigh the negatives. there is a lot of concern about losing tech talent to foreign entities, rising real estate, etc., but i think it will force Canadian companies to innovate more and value their talent, instead of smothering it or constantly worrying about brain drain. techvibes.com/2017/09/22/the-amazon-problem-how-a-canadian-hq2-prompts-concern
Divyesh MistryI like that we bid, but the GTA bid has multiple sites within it that make no sense and are just bad. As a Brampton reporter, the Brampton bid-within-the-bid is in a *terrible* location, and besides, it will probably all end up in DT Toronto/East Harbour, and maybe Mississauga.
2 days ago · 1
Keith HorwoodThis article is a little ludicrous. The US doesn't need a "trojan horse" to extract Canadian talent, it's already leaving in droves. I don't understand the obsession with "Canada bootstrapping its own ecosystem" instead of allowing major US players to share in positive sum outcomes with Canada.
Jesse RodgersIf the 4th largest city in North America can’t absorb Amazon then I start to wonder what Canada is doing wrong... I feel like it is the old Waterloo vs Toronto fear or the worry about founders going to YC and never coming back or etc. I get the worry but Toronto should be big enough to benefit from Amazon.
2 days ago · 14
Eddy IonescuAmazon's planning on their HQ2 being equally important as their current HQ, so the branch plant analogy doesn't make any sense. He's just scared that Toronto companies will have to stop low-balling programmers.
2 days ago · 7
Rolly WintersI think it's a great move. We have a lot of talented people in Canada that would be thrilled to work for a company like Amazon without having to move down south.
2 days ago
- Local GDP boost, good for those in the retail/service industry - more restaurants/dining out, more money for Uber/Lyft/taxi drivers, more money for local airbnbs/hotels. From barbers to real estate agents - everybody is HAPPY. That is a large segment of the voting population.
- Local tax collection from such 50k jobs with many over $100k => improved city services, improved health, emergency and other services for all.
- Reputation boost which attracts even more top tier co.s.
- More build, build, build in the city. East Harbour - currently mostly a wasteland -- lets transform that space, and lets do it now.
- Creates more optionality for local IT workers. At a time when many local IT departments utilize Indian consulting co.s and their temp foreign workers to actively replace local Canadians; then why shouldn't local IT workers have more optionality in the form of innovative software companies which focus more on in-grown talent ? At Amazon HQ2 in Canada, people would be able to build careers which they are not able to at many Canadian big co.s because of their obsession with cheaper/temp foreign workers from India. For students/new grads, staying "home" in Canada becomes a viable option for many.
- More local tech events, expertise sharing, advisors for local startups and so on.
- At least a few of those 50k will get frustrated eventually and go work for other local tech startups or start their own, right here. Instacart was founded by an ex Amazon employee..from Canada. With crypto/other decentralized fundraising, and Toronto being a fantastic place to grow a family -- this is THE place to start a startup in the 2020s..
- Real estate prices go up both residential and commercial, squeezing out the non-Amazon crowd.
- You run a local startup, and your best and the brightest talent leaves for Amazon. Your mid-tier talent also leaves for Amazon. But hey, with the Global Skills stream, you can bring in replacement workers from anywhere in the world with two week processing. It is on you to provide a better vision and more competitive compensation than Amazon. There will be churn, but what's the alternative ? Not having the city and its economic opportunities grow for the entire population ? How many unicorns would need to be created, which would create 50,000 local jobs, when we haven't created one since Shopify ? Where ever these 50k come from, whether overseas workers or local IT talent -- at the end of the day, that is a GDP and a local tax collection boost.
2 days ago · 2
Yuri NavarroMy only issue would be with subsidizing a US company to compete with home grown tech firms.
No issue with the increased competition this would create, so long as it's on even terms.
Naman KumarIt's a great thing for the startup ecosystem to bring in a way late-stage company. It significantly furthers the timeline to maturity for the ecosystem.
But it's going to suck from now until about 3 years after it becomes operational. It's going to take a lot of resources from the current ecosystem.
Having raised $135 million in venture capital over the past two years and fresh off the heels of announcing, last week, a $250 million investment partnership with Goldman Sachs, Cadre is excited to announce that we are opening our second R&D office, here in Toronto. Check out the blog post! ... See MoreSee Less
Craig HunterWas surprised this wasn't shared already - one of the absolute hottest US top tech companies out there right now moving North. That's a big deal. 🔥🇨🇦 Have enjoyed my chats with Tom, happy user, and crazy bullish on what you're up to. Great to have you Raj.