Venture capital returns are notoriously tricky to report and analyze. As I was working to prepare the Brightspark year-end reports, I looked back on our performance over the last 10 years and thought it would make sense to first shed some light on the complexities of VC returns and what they can mean.
The Canadian VC landscape for technology companies in H1 2016 was active in different industries across different cities. Overall, we see that Canada still stands as a top-notch space for technology innovation with the Toronto-Waterloo corridor leading the overall VC funding environment.
When Kevin Talbot co-founded Relay Ventures in 2008, he knew two things: that this up-and-coming “mobile thing” was going to be huge, and if he could build a venture capital fund that focused on companies solely on this sector, it would build a strong network of entrepreneurs that could work together and learn from each other.