Jim Orlando, from Omers Ventures has done a great job debunking ICOs from a VC perspective. IMO, there is no escaping the Token Generation trend. I know of (and working with) several Canadian startups who are planning one. ... See MoreSee Less
Reuven CohenJim forgot the part that states, entrepreneurs don't actually want to give away a large portion of their equity to VCs. VC's have a tendency to over estimate the value they actually provide (especially true of second tier VC's)
Jean AmiounyWilliam Mougayar how have you seen venture-backed startup keep the incentives aligned when performing ICOs? It seems a delicate situation where one group owns illiquid shares in a company that will only gain in value on the potential for profit of the for-profit company vs another group owning liquid tokens that gain in value on the usability of the token created?
FYI, here's how the federal citizenship and immigration dept defines "start-up." Interesting that it appears to omit bootstrapping as an option for consideration as a startup and requires thresholds of commitment either from angel groups, VCs or incubators, unless I'm missing something. Also, the list of qualified angel groups, VC firms and incubators seems rather incomplete. See the first item in the Canada Gazette. . ... See MoreSee Less
Davender GuptaAn unfortunate symptom of the "industrialization" of entrepreneurship. Then again, the definition refers to potential immigrants who should be vetted by a trusted third party. What worries me is that the definition of "start-up" as per this regulation may be eventually copy-pasted to other departments (such as CRA, etc). Thanks for posting this, Sean
13 hours ago
Blake SiedersHow can people move to Canada AND start a risky new business if they don't have any money? It would be irresponsible for the government to allow that. Also the incubator / angel / VC must apply to become a designated organization... It's not a list of all the existing ones in Canada.
12 hours ago
Matt RobertsNot sure what you're talking about Sean. They have programs for those boot-strapping their companies (i.e. there's a personal wealth check to see if they'll be a burden on the system when they arrive), they have a visa program for companies with strong canadian links, they have visa's for those employing majority Canadian citizens and that are looking to relocate their business. The problem early on in Startup Visa program was people 'gaming' the system. The government didn't want to be arbiter of who was a legitimate startup so they 'farmed' it out to third parties that they felt were legitimately on the ground and could figure out what was a real startup or not. The list is incomplete only if groups don't sign up. Not the governments responsibility. As someone who had to deal with all the phone calls for those seeking BDC"s investments all of it was a complete waste of time. Sunil is the man to chat with on this.
12 hours ago · 2
Blake SiedersIn my experience, most people that inquiry with me from overseas don't understand what a startup is in this context anyway. It is a huge time waster to talk to all these people that want to move here and open a small business with $5,000 net worth.
Shannon HunterCoding is like learning a second language it's important on so many levels. However this is a little rich coming from a company that still helps Breitbart make their money. How about first we teach kids that there are consequences for hateful, violent, racist lies? That freedom of speech does not mean freedom from consequences.
Paul Jeffrey Crowe shared a link to the group: StartupNorth.
AndroidTO - Canada's best Android developer conference is just over a month away. Last year over 350 attendees enjoyed a packed day of valuable talks and as always we are offering 50% off tickets ($75) to our StartupNorth friends. Simply use the code 'STARTUPNORTH50'.
We've announced 6 speakers (4 of them Women!) and will announce the final group in the coming weeks. As we are sponsored by Google and a part of the 2017 Dev Fest season we fly in top speakers from around the world as well as put local all-stars on stage.
What are some really kick ass, unique methods that startups have used to reward/recognize/promote staff that you've experienced (or heard of)?
I've worked around startups a long time, and I know that many are curious to learn about unique/effective HR and leadership practices. It's especially tough in the early stages to grow a team when resources are tight, and competition for talent is fierce.
This is probably one of the best examples I've ever seen on how to do it right. If anyone was at TechTO on Monday, they would have seen the live, onstage promotion of Alyssa Atkins to VP of Marketing at CareGuide. I know I'll always remember it 👌👀 ... See MoreSee Less
Ella SibioHey Danielle! I love when recognition is tied to individual preferences. Do you know that x employee is motivated when rewarded in front of others? Act accordingly. Does y employee respond more positively to a private conversation with their manager? Take that route.
In terms of unique methods, I’m a big fan of Shopify’s idea of an internal recognition tool (Unicorn). At Sonder we’ve replicated this through live peer shoutouts during All-Hands meetings.
p.s. congrats on the new gig!
Please let me know if any growth oriented folks from Toronto are interested in attending Mobile Growth Canada. It's a full day conference in Montreal on Friday, September 15, featuring some really experienced mobile marketing people. ... See MoreSee Less
Mobile Growth Canada 2017 Sep 15, 2017 InterContinental Hotel • Montreal, Quebec Mobile Growth Canada 2017 is back in Montreal after the grand success last year! This event will be hosted on Friday, September 15, 2017, from 8:30am to 5pm, following by networking, food and drinks. This year’s Mobile…
This was the first conference of its kind in the world. In one day, we exposed students age 13-17yrs old to global industry leaders in areas including Augmented Reality, Blockchain, AI, Nanotech Health, Cryptocurrencies, and Quantum Computing.
This conference changed the lives of students across the country. Here are some quotes from the attendees:
"I learned that it's time to go out and do it. Before the conference, I wanted to learn more about AI, but was putting barriers for myself. But Karthik Ramakrishnan motivated me to just delve into it and learn as I go!"
"When I attended TKS Innovate, I left so inspired and empowered, and I need to do something with this new knowledge. *When I saw the TKS alumni panel I knew that I could change the world today, instead of tomorrow."
"I learned that it doesn't matter how old I am or how much I don't know, I will always be able to teach myself and look for new ways to be innovative because my mind and my ideas matter."
An excellent post by the CMO of Classpass. Meant more for scale-ups but found it really resonates at the early stages where you need people that can solve problems, get things done and keep the company growing.
Rob PalumboGreat stuff: "Great growth contributors don’t think as a one-team contributor, they think as a cross-team contributor. They are aware of every single lever across the business that could drive growth, and they have built the relationships across the company to influencer those levers.
If growth can happen from either acquiring more people, retaining them longer, or monetizing them more effectively – then the levers are all around us. Marketing. Product. Engineering. CX. Finance. Ops.
If a dollar could be made, or a dollar could be saved – it can impact growth."
5 days ago · 1
Chris HamoenBasically this. I think Toronto founders are still evolving to where they can deeply understand what this post is getting at.
4 days ago · 2
Trevor StaffordJust not the "obsessed with making an impact" bit. It's just as much your job as an employer to build an environment that attracts, enables and galvanizes those people. You must be an employer those people would kill to work for.
4 days ago
Jess JoyceJoanna is a fantastic writer, and excellent speaker - saw her years ago at an SEO conference when she was still in SEO. Love reading her perspective and see it shared in the Toronto ecosystem.
3 days ago · 2
Tom Bengt PriceIf this article resonates with you I encourage you to learn about / meet some of the people who have gone though the Knowledge Integration program at UWaterloo.
Having worked in these types of cross-department roles working to make an impact like the one described I strongly agree with Trevor that it requires a very open company to truly leverage people with this kind of drive and understand that it takes time for someone knew to build the cross team relationships that one leverages in these types of roles.
Another anecdote is that every single role where I've been enabled to do this cross-departmental work has come my way through a reference and been created for me. Historically, it has been incredibly difficult to find companies looking for people with experience doing this.