Surge in Late Stage VC deals proves the point

3 responses

  1. Mark, I don’t know where you’re getting your data but the research I’m doing which will be coming out in February doesn’t show this to be the case. I’ve looked at the smallest 50 US Unicorns and compared fundraising habits to the fifty largest Canadian startups. In their first two years of fundraising, the average US firm raises $19 and $34 million. In Canada the amount is less at $13 and $27 million but this isn’t as big a gap as in later years. Starting in year three of raising funds, US funding ramps up to $55, $60, and $63 million. After that these US firms are raising around $80 million a year on average. In Canada years three to five average $16, $22, and $28 million and thereafter about $25 million on average. So while we’re at 75% in the first two years of raising funds, we at 31% in years after that. Although we are still weak in early and mid-stage, this is clearly showing a lack in later stage, not middle stage.

    While you recommend that the government shouldn’t screw things up with untested, unproven homeopathic medicines being recommended by people who have never spent a single hour in the trenches with early stage entrepreneurs, shouldn’t they really be listening to facts instead of opinions. Shouldn’t all of us be doing research and making evidence based decisions instead of listening to so-called experts who haven’t done the research?

  1. May 31, 2017

    […] will attract deep pocketed US and international investors. An interesting take is presented by Wellington Fund’s Mark McQueen, whose blog posts never fail to […]

  2. June 1, 2017

    […] will attract deep pocketed US and international investors. An interesting take is presented by Wellington Fund’s Mark McQueen, whose blog posts never fail to […]

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