Agreed. I wholeheartedly agree with their fundamental idea, but going the VC route doesn't seem like a good way to do it. By the time you've built up all the connections and steam you need to develop a budding company that a VC would be interested in investing in, your roots are going to be too strong wherever you currently are to be able to move to Canada. I'll be surprised if they get anything more than a handful of companies to relocate.
Also, any time you involve money people, you set the stage for things to get crooked and shady. I can already hear the narrator from some "Inside Job" type documentary on corruption in Canada.
"However, the Canadians didn't account for one major loophole. In 2012, they passed a law allowing startups with venture capital to emigrate into the country, but what they didn't consider was: ___________"
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Agreed. I wholeheartedly agree with their fundamental idea, but going the VC route doesn't seem like a good way to do it. By the time you've built up all the connections and steam you need to develop a budding company that a VC would be interested in investing in, your roots are going to be too strong wherever you currently are to be able to move to Canada. I'll be surprised if they get anything more than a handful of companies to relocate.
Also, any time you involve money people, you set the stage for things to get crooked and shady. I can already hear the narrator from some "Inside Job" type documentary on corruption in Canada.
"However, the Canadians didn't account for one major loophole. In 2012, they passed a law allowing startups with venture capital to emigrate into the country, but what they didn't consider was: ___________"