My concern is that 1] there can be a misalignment of goals between companies and venture capital investors - growth and sustainability vs. exit at a profit and 2] if many of the most successful investments are being sold off to foreign investors then we are simply growing guppies to feed the sharks; of the “best deal” awards each year for the past 5 years by the CVCA, four resulted in foreign takeovers of Canadian companies.

We do need to build more Canadian-headquartered companies that go on to become major players in their fields.