This week the CanCon podcast breaks orthodoxy to spend entire episode on one major new story.

Since the dramatic revelations down south of inappropriate sexual behaviour from many of the US’ most well-known VCs – Chris Sacca, Dave McClure and most recently Greylock COO Tom Frangione – many in Canada’s tech community have been waiting for a shoe to drop here.

This past Monday, it did, as BetaKit reported the news that 500 Canada (a separate but connected entity to Dave McClure’s 500 Startups) had decided to shut down its venture fund due to blowback from McClure’s behaviour. The full impact of this decision remains to be seen, but the Canadian tech ecosystem is definitely going to feel the effects.

Tune in as CanCon’s podcast crew – Rob Kenedi, TWG’s Entrepreneur in Residence and host of the amazing #smallrooms podcast, Erin Bury, Managing Director of Eighty-Eight, Jessica Galang, BetaKit News Editor, and Douglas Soltys, BetaKit Editor in Chief – performs a 500 Canada post mortem.

Have some hot takes on the topics that we covered? Maybe you want to suggest something for a future podcast! Perhaps you have a burning question about something you read in tech news that we didn’t cover. Email us, post a comment below with the answer or question, or better yet, rate CanCon 5-stars on iTunes and post your thoughts there.

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Canadian Content music clip (under fair dealing): “It Falls Apart” by Odds

StartUp HERE Toronto is a publishing partner of Betakit and this article was originally published on their site.