Comments on: Crisis in Canada’s venture industry and government lobbying http://montrealtechwatch.com/2008/02/06/crisis-in-canadas-venture-industry-and-government-lobbying/ Technology and Innovation news in Montreal Tue, 22 May 2012 17:16:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Mark MacLeod http://montrealtechwatch.com/2008/02/06/crisis-in-canadas-venture-industry-and-government-lobbying/#comment-15589 Mark MacLeod Fri, 08 Feb 2008 14:40:59 +0000 http://montrealtechwatch.com/2008/02/06/crisis-in-canadas-venture-industry-and-government-lobbying/#comment-15589 The biggest issue facing the VC industry is that it's not delivering returns. I'd make more money putting my capital in an RRSP than I would in investing in a venture fund. Until the Canadian VC industry can deliver high returns that are consistent with the risk associated with them, they will be in crisis. The biggest issue facing the VC industry is that it’s not delivering returns. I’d make more money putting my capital in an RRSP than I would in investing in a venture fund. Until the Canadian VC industry can deliver high returns that are consistent with the risk associated with them, they will be in crisis.

]]> By: John Stokes http://montrealtechwatch.com/2008/02/06/crisis-in-canadas-venture-industry-and-government-lobbying/#comment-15542 John Stokes Fri, 08 Feb 2008 01:52:34 +0000 http://montrealtechwatch.com/2008/02/06/crisis-in-canadas-venture-industry-and-government-lobbying/#comment-15542 Assuming that the $750K comment is referring to Reseau Anges Quebec - I'd like to point out that this money is not going to investors - it is going to an organisation that helps to link investors with entrepreneurs - which is pretty valuable for entrepreneurs too! Assuming that the $750K comment is referring to Reseau Anges Quebec – I’d like to point out that this money is not going to investors – it is going to an organisation that helps to link investors with entrepreneurs – which is pretty valuable for entrepreneurs too!

]]> By: Sylvain Carle http://montrealtechwatch.com/2008/02/06/crisis-in-canadas-venture-industry-and-government-lobbying/#comment-15539 Sylvain Carle Fri, 08 Feb 2008 00:59:45 +0000 http://montrealtechwatch.com/2008/02/06/crisis-in-canadas-venture-industry-and-government-lobbying/#comment-15539 Well you know, if I would go about giving names in blog comments, maybe I would stop having these insights, soudainement... So yeah, when they are "real deals" I can then scoop it out quickly here or on A Frog in the Valley... but not yet! Well you know, if I would go about giving names in blog comments, maybe I would stop having these insights, soudainement…

So yeah, when they are “real deals” I can then scoop it out quickly here or on A Frog in the Valley… but not yet!

]]> By: Heri http://montrealtechwatch.com/2008/02/06/crisis-in-canadas-venture-industry-and-government-lobbying/#comment-15514 Heri Thu, 07 Feb 2008 19:20:12 +0000 http://montrealtechwatch.com/2008/02/06/crisis-in-canadas-venture-industry-and-government-lobbying/#comment-15514 @sylvain we need names or it didnt' happen! MRM, i am reading your blog , you should do something at the upcoming canadian innovation summit @ toronto @sylvain we need names or it didnt’ happen!

MRM, i am reading your blog , you should do something at the upcoming canadian innovation summit @ toronto

]]> By: Montreal Tech Watch http://montrealtechwatch.com/2008/02/06/crisis-in-canadas-venture-industry-and-government-lobbying/#comment-457122 Montreal Tech Watch Thu, 07 Feb 2008 13:52:19 +0000 http://montrealtechwatch.com/2008/02/06/crisis-in-canadas-venture-industry-and-government-lobbying/#comment-457122 <span class="topsy_trackback_comment"><span class="topsy_twitter_username"><span class="topsy_trackback_content">Crisis in Canada’s venture industry and government lobbying http://tinyurl.com/yu2tdw</span></span> Crisis in Canada’s venture industry and government lobbying http://tinyurl.com/yu2tdw

]]> By: Sylvain Carle http://montrealtechwatch.com/2008/02/06/crisis-in-canadas-venture-industry-and-government-lobbying/#comment-15438 Sylvain Carle Thu, 07 Feb 2008 03:24:53 +0000 http://montrealtechwatch.com/2008/02/06/crisis-in-canadas-venture-industry-and-government-lobbying/#comment-15438 Yeah, but then again, crisis, crisis, this is soooo relative... I had three individual that confirmed me they where raising another (follow-up or new) fund in Montreal, not small things, several, several Mil$... trustworthy people, with great track record in raising and investing money... and my guess is that at leat twice if not thrice more funds are being confirmed in the next few weeks/months (and check also the recent ange québec announcement)... It's not because you don't hear these things in blogs they are not happening! ... Doing my part to do the "not so detailed but you might think I am not talking thru my hat" info relay in blogs, like I know anything ;-) Yeah, but then again, crisis, crisis, this is soooo relative…

I had three individual that confirmed me they where raising another (follow-up or new) fund in Montreal, not small things, several, several Mil$… trustworthy people, with great track record in raising and investing money… and my guess is that at leat twice if not thrice more funds are being confirmed in the next few weeks/months (and check also the recent ange québec announcement)…

It’s not because you don’t hear these things in blogs they are not happening!

… Doing my part to do the “not so detailed but you might think I am not talking thru my hat” info relay in blogs, like I know anything ;-)

]]> By: MRM http://montrealtechwatch.com/2008/02/06/crisis-in-canadas-venture-industry-and-government-lobbying/#comment-15432 MRM Thu, 07 Feb 2008 01:36:22 +0000 http://montrealtechwatch.com/2008/02/06/crisis-in-canadas-venture-industry-and-government-lobbying/#comment-15432 Heri I agree - encouraging entrepreneurship is essential. The University of Waterloo already has a faculty of entrepreneurship, their professors own their own IP, they have lots of Angel money in town, RIM is a beacon, and it still isn't working. Only a couple VC-backed deals closed in the Kitchener Waterloo region during the past year. It may not be all about money, and commercializing research is part of it, but money is what is needed to create new companies. Montreal is a great hotbed for foreign-owned video game development shops -- but I'm not sure that's a repeatable template. Need to get you to the Summit! MRM Heri
I agree – encouraging entrepreneurship is essential. The University of Waterloo already has a faculty of entrepreneurship, their professors own their own IP, they have lots of Angel money in town, RIM is a beacon, and it still isn’t working. Only a couple VC-backed deals closed in the Kitchener Waterloo region during the past year.

It may not be all about money, and commercializing research is part of it, but money is what is needed to create new companies.

Montreal is a great hotbed for foreign-owned video game development shops — but I’m not sure that’s a repeatable template.

Need to get you to the Summit!

MRM

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