If you're raising money in Canada, Suzi Dingwall-Williams has published a summary of some of the ways that a startup can finance itself. The key message? Venture funding isn't the only way. In fact, there are many ways to raise money. Venture capital may be one of the toughest in today's environment, where reportedly VC financings are down 60% in Ontario this year.
It's ironic that so little money is flowing into startups, given the strength of the Canadian economy.
Alec Saunders is the Vice President of Developer Relations for BlackBerry make Research in Motion. This is his personal blog, with his personal viewpoints. Prior to this Alec was the CEO and co-founder of Calliflower — the easiest way to hold a meeting, online, on a conference call, or on the go. A double-decade veteran of product management and marketing, he spent nine years at Microsoft where he helped launch Windows 95, the first two versions of Internet Explorer, the Universal Plug and Play initiative, the push into home markets, opt-in email marketing and what might well go down in history as the very first direct email list ever.
