Frustrated with looking for bandmates through classified sites like Craigslist and Kijiji, Troy Fullerton, Shaan Singha and Neil McWilliam banded together to launch DownToJam, a social network platform for like-minded musicians to meet their match.
When does a startup stop being a startup? Is it at certain revenue earned, number of employees, after achieving a repeatable, scalable business model? According to Michael Litt, CEO at Vidyard, the answer is, hopefully, never.
Toronto-based Wattpad has laid off 10 percent of its staff, or 15 people. All departments were affected by the layoffs, including product and engineering, marketing, and HR. The company says its “strategic realignment” will balance the needs of its current business, while allowing it to focus on emerging technologies.