Differing Views of Innovation in Canada

Do concerns regarding the effectiveness of Canada’s SR+ED Program stem from an incomplete understanding of the state of innovation in Canada?  As recently as September 9th of 2013, the Conference Board warned that “Canada’s economy is on a ‘path to mediocrity’ as innovation lags”. At about the same time the Startup Genome was reaching a much […]

Subordinated Debt (aka “sub-debt” or mezzanine financing)

WHAT IT IS according to Wikipedia:   In finance, subordinated debt (also known as subordinated loan, subordinated bond, subordinated debenture or junior debt) is debt which ranks after other debts should a company fall in to liquidation or bankruptcy.   Such debt is referred to as ‘subordinate’, because the debt providers (the lenders) have subordinate status in relationship to the normal debt. A typical example for […]

Creating Customer Value

What is Value Anyway? (Why Creating Customer Value is at the Heart of Building a Business) The following is Part II of a multi-part series on value, segmentation and pricing by guest contributor Steven Forth, Partner at Rocket Builders and eFund Member. Read Part I here. The founder of modern management, Peter Drucker, famously said […]

Are Tech CEOs too Focused on the Exit?

A 2014 survey by PwC indicates that most Canadian tech CEOs are focused on an early exit by way of acquisition. While PwC concludes that more companies should plan to grow their companies, for my part I am pleased to see that CEOs are becoming more realistic. The fact that only 7% believe that an […]

Towards a National Securities Regulator

The status quo for securities regulation in Canada is really a disaster. Globally we are a tiny market with a population of only about 35 million. In spite of this we have 13 separate securities administrators. Compare this to the US with a single national securities regulator and a population of 314 million. On July […]

The lower the CEO salary, the more likely a startup is to succeed

According to The Next Web the founders of successful startups pay themselves very modest wages. The data comes from a new tool called COMPASS from the people behind the STARTUP GENOME PROJECT. It can be set up to pull in data automatically from the likes of Google Analytics, Salesforce, Mailchimp, Quickbooks, Mixpanel, PayPal and Stripe, and it also accepts directly input data […]