It has been nine months since Ontario Premier Kathleen Wynne announced that Ontario taxpayers were committing $25 million to a new $50 million venture capital fund that will provide not just capital, but mentorship from a host of senior Canadian business leaders. One requirement was that entrepreneurs had to be running a “successful early- stage
When was the last time anyone had the chance to write about three different Canadian VC Fund closings in the same week? As exciting as the news of the new Leaders Fund was (see prior post “New Leaders Fund just what Canada needs” Jan. 24-16), two other funds have had similarly great news of late.
We all meet a bunch of people in our lives. Through work, hobbies, public service, swimming meets, cold GTHL rinks, blogging and the like. Sometimes, those people are plain fabulous, and have all of the qualities that you admire. Dave Stein, founder of the new Leaders Fund, is one of those people. The Leaders Fund
Big congrats to CEO Chris Cabrera, CFO Joe Consul and team at Xactly who had a successful debut on the NYSE today. The company’s IPO price was $8.00/share and closed the day @ $8.70/share, a nice little bump for investors, new and old. Wellington made a growth capital investment in this high growth, SaaS business
News report: “HOOPP’s returns defy market trends“ This headline caught my eye, and not just because it reflected more good news for the local contingent of high profile Canadian pension plans. HOOPP is one of those larger-sized plans that always seems to march to its own drummer. The current investment strategy was designed years ago