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Tag Archives: Venture Capital

Shopify’s $15M Raise Good for Canadian Startups

Within the Canadian start-up landscape, Shopify is the belle of the ball. Having just raised $15-million less a year after taking its first investment round, Shopify now has the financial clout to strengthen its status as one of the leading … Continue reading

Startup Boom vs. Economic Bomb

Update: Ottawa-based Shopify, which offers an ecommerce software platform, announced today it has raised $15-million in series B funding from Bessemer, FirstMark, Felicis, and Georgian. There is fascinating and potentially troubling dichotomy happening within the Canadian and U.S. startup landscape … Continue reading

Color’s a Failure But That’s Okay in Silicon Valley

After raising $41-million and then pulling off one of the most inauspicious debuts since the Flock alpha, Color is apparently preparing for a pivot. Here’s what I say about this “pivot”: When you raise $41-million before you have any users … Continue reading

Why Wasn’t BackType Funded in Canada?

For those of us who work in the Canadian social media and startup circles, there was some celebrating earlier this week when BackType announced it had been sold to Twitter. Lots of credits goes to founders Christopher Golda and Mike … Continue reading

The Mystery of Good Money Chasing Bad Startups

When Color.com announced it has raised $41-million in venture capital a few months ago BEFORE it had any users, let’s just say I was extremely skeptical. It was a serious, holy f@#k money for a startup moving into the extremely … Continue reading

What’s the Color of a Bubble About to Burst?

In late-2008, units within a proposed 80-story luxury condo in downtown Toronto went on sale. The real estate market was so frothy that people lined up for more than a week to purchase a unit. Some of these people had … Continue reading