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Canadian Tech Ecosystem Urged to Embrace Alternative Funding

January 13, 2025 by Newsdesk

A Vancouver tech founder is challenging Canada’s startup culture, arguing that the Silicon Valley-inspired focus on venture capital (VC) harms many startups. Rising costs and limited VC returns highlight the need for alternative funding like bootstrapping and revenue-based financing.

With tech tools now cheaper and more accessible, founders can build sustainable businesses without chasing hypergrowth. The founder emphasizes prioritizing long-term value over vanity metrics, urging the ecosystem to redefine success beyond VC funding.

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