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Re:Canadian Early-Stage Fund with Investment Decisions in 48hrs by alooPotato on Thursday June 11, 2015 @08:24PM (#9703279)
So they get equity in exchange for gov't supplied money? Sounds shady.
Re:Canadian Early-Stage Fund with Investment Decisions in 48hrs by giarc on Thursday June 11, 2015 @08:51PM (#9703381)
See kitcar's answer. Sounds like the govt might pitch half and the investors the other.
Re:Canadian Early-Stage Fund with Investment Decisions in 48hrs by baudehlo on Thursday June 11, 2015 @09:57PM (#9703580)
It would definitely be more honest to have this on their site. That certainly shouldn't be worth more than a few percent.