Canada saw an intake of over 30,000 foreign tech workers within the last year, according to a new report from the Technology Councils of North America and Canada’s Tech Network.

  • corsicanguppy@lemmy.ca
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    1 year ago

    The environment for startups is harsh all over. The reason 99% of startups die isn’t because of environment: it’s because pies in the sky are VERY often unattainable.

    You’ll be happy to know that Universal Basic Income will allow more startups to flourish, but I really don’t expect we’ll get there under a Red government, let alone a Blue populist hellscape.

    • zephyreks@lemmy.ca
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      1 year ago

      A healthy startup environment in a country is basically an indiscriminate venture capital firm… As long as your average startup founder has a bust-out rate (99%) lower than the return on a success (>100x), you’re winning.

      Thing is, there are no industries where this is viable relative to the US.