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Liam
@liam.eth
gm. how do we fix this? https://alexdanco.com/2021/01/11/why-the-canadian-tech-scene-doesnt-work/
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Boris Mann
@boris
Rebuild an angel system from scratch, writing off the 50+ year olds in the current system. I have tried to improve the current system and it’s a lost cause. Angel groups are non-profits in Canada and government supported. When they should be funds with a profit motive!
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Liam
@liam.eth
What have you tried? Agreed the angel groups tend to suck, but there are a few okay ones. For example in Waterloo, Garage Capital and friends are good. COVID really hurt the ecosystem though, sadly.
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Boris Mann
@boris
Sure, Garage is good. They’re a fund. That’s one example ;) Ran a group in Vancouver called Open Angel to kill pay to pitch. I was a member of the National Angel Capital Organization, at the time was one of the youngest people involved. Got Canadian-ized SAFE docs. I built a seed fund and and lead deals.
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