It is bittersweet, it's a big win and lose for Canadian tech, but imo a net win. Canadian investors and other Canadian tech companies should see this as a sign that Canada is serious about building great world class technology. Without exits like this, outsiders will continue to assume that "there is no tech scene in Canada", which is untrue.
If this buyout motivates more local engineers to start companies, I think it is a good thing.
Meh. Maybe Canadian companies should do a better job at retaining talent. I love my country (Canada) but so few startups and creative agencies are appealing. That's not to say they don't exist but there's just so much more opportunity and money down south.
Comments
Nice to see another Canadian Company get acquired!
Go Canucks Go!
Really? It's nice to see our best engineers moving down to California?
It is bittersweet, it's a big win and lose for Canadian tech, but imo a net win. Canadian investors and other Canadian tech companies should see this as a sign that Canada is serious about building great world class technology. Without exits like this, outsiders will continue to assume that "there is no tech scene in Canada", which is untrue.
If this buyout motivates more local engineers to start companies, I think it is a good thing.
Meh. Maybe Canadian companies should do a better job at retaining talent. I love my country (Canada) but so few startups and creative agencies are appealing. That's not to say they don't exist but there's just so much more opportunity and money down south.
If you don't find startups and creative agencies to be appealing, why not start your own rather than complain about it?
I did. I moved to the U.S. and started my own.
Suffice it to say you don't really love your country, you just like the idea of it/
Yes, It's always nice to see great people given opportunities that they want.