Re:Why Is Europe Failing to Create More $1B Startups?
by raverbashing on Tuesday September 15, 2015 @02:16PM
(#10222255)
On that subject, how many Unicorns Canada has?
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Re:Why Is Europe Failing to Create More $1B Startups?
by throwaway859876 on Tuesday September 15, 2015 @02:58PM
(#10222508)
Prehistoric times: Nortel, Mitel, Corel, RIM
Recent times: possibly Shopify, one other moved to USA
Most money in Canada is controlled by civil pension funds, who don't like smallish investments for big risks.
Thus a large percentage of software engineers move to USA, and are active in Silicon Valley.
Re:Why Is Europe Failing to Create More $1B Startups?
by briandear on Tuesday September 15, 2015 @02:25PM
(#10222315)
Canada only has about 15 people though.
Re:Why Is Europe Failing to Create More $1B Startups?
by yxhuvud on Tuesday September 15, 2015 @02:41PM
(#10222418)
It is not as if Sweden has more.
Re:Why Is Europe Failing to Create More $1B Startups?
by aianus on Tuesday September 15, 2015 @05:07PM
(#10223210)
Blackberry, until recently.
Canada suffers from dutch disease; it's simply too easy and profitable to dig stuff up (oil, diamonds, gold, potash, etc.) instead of producing value through software or technology.